Egg prices are reaching near-historic highs globally as Easter and Passover approach, reflecting market turbulence driven by disease, high demand, and rising costs for farmers.
As the spring holidays draw near, egg prices remain at nearly historic levels worldwide, reflecting a market in flux due to disease outbreaks, surging demand, and rising costs for farmers.For the second consecutive year, consumers are experiencing sticker shock as Easter and Passover approach, both festivities where eggs play pivotal roles.According to recent government data, the average price of a dozen eggs in the United States stood at $2.
Department of Agriculture.In South Africa, the aftermath was dire as egg prices soared following the demise of 40% of laying hens late last year due to the ravages of bird flu, as highlighted by Mulder. Last month, a tray of six eggs sold for 25.48 South African rand , marking a 21% increase from February 2023.Chicken feed represents up to 70% of a farmer’s costs, and feed prices doubled between 2020 and 2022, Mulder said.
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