Fixing America's chicken and egg crisis
Published On Feb 14, 2025, 7:00 AM
America is facing a significant chicken and egg crisis, primarily due to an ongoing avian flu outbreak that has led to the euthanization of over 148 million birds. Egg prices have surged, with the average price reaching about $5.00 per dozen, a 53% increase from the previous year. The government is being urged to adopt an all-of-government approach to improve food security and address the resulting inflation in food prices. Experts predict further price increases due to the lingering impact of the avian flu epidemic.
Stock Forecasts
SJM
Positive
The egg crisis is a direct result of supply shortages caused by avian flu, which also affects chicken supply. As prices continue to rise, companies involved in poultry production may see increased revenues; however, ongoing supply challenges could hinder their ability to meet demand and stabilize pricing.
DBA
Positive
Investors may want to consider agricultural-focused ETFs that can benefit from rising food prices. Increased costs on consumer goods, like eggs, indicate an overarching trend of inflation that these funds could mitigate against, potentially increasing their value.
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