US EditionThe latest U.S. demand of Denmark and other European countries to address ‘egg crisis’
- The U.S. Department of Agriculture has contacted European countries like Denmark and Germany to secure additional egg exports due to a significant shortage in the United States, as stated by Jürgen Nyberg Larsen.
- Wholesale egg prices in the U.S. Peaked at $8.17 per dozen due to tight supplies and demand but have now dropped to under $3.50 per dozen, according to USDA data.
- Turkey will export 15,000 tonnes of eggs to the U.S. From February to July, as confirmed by Ibrahim Afyon, chairman of the Egg Producers Central Union in Turkey.
- Despite requests for aid, many European countries report limited capacity to export eggs due to their own shortages and U.S. Import restrictions, according to reports from European agricultural bodies.
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US egg supplies are getting back to normal, but prices at the store may take a while to follow suit
Eggs for sale at a Metro Market in Wisconsin in February.Dominick Reuter/Business InsiderThe USDA says egg production has ramped up, and wholesale prices are falling.Still, retail prices operate on a bit of a delay as more expensive inventory turns over.Grocery store prices could start to fall in a few weeks, as long as there are no new problems.The Easter Bunny may not need to take out a loan after all.Egg prices appear on track to be back to n…
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