Egg prices aren't coming down anytime soon, experts say
Published On Jan 31, 2025, 9:00 AM
Experts predict that egg prices will continue to rise due to ongoing supply shortages primarily caused by outbreaks of avian influenza (bird flu). The U.S. Department of Agriculture (USDA) expects prices to increase by over 20% in 2025, following a 36.8% hike reported in December 2024 compared to the previous year. With more than 136 million birds reportedly affected since 2022, and high mortality rates within flocks leading to supply constraints, grocery shelves will likely experience insufficient egg supplies, keeping prices elevated.
Stock Forecasts
ADM
Positive
Rising prices of eggs may increase consumer spending on poultry stocks and related agricultural firms, leading to growth in this sector.
CPB
Negative
Companies involved in poultry production may face higher costs due to the ongoing supply issues with egg production and bird flu risks, impacting profitability.
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