US EditionBrazil’s ‘Egg King’ shells out $1bn to acquire major US producer
- The cost of eggs in the U.S. has increased by 65% over the past year, with projections indicating an average cost of $5.90 for a dozen in February 2025.
- Due to a major bird flu epidemic, approximately 170 million chickens have been killed, leading to egg shortages and high prices in the U.S.
- U.S. Customs has seized more eggs than fentanyl since October, as people smuggle cheaper eggs from Mexico, causing supermarkets to struggle with supply.
32 Articles
32 Articles
Brazil’s ‘Egg King’ Buys Hillandale Farms
All hail the Egg King. On Thursday, Global Eggs — a Luxembourg-based company that operates in Brazil, led by self-annointed “Egg King” Ricardo Faria — announced a $1.1 billion acquisition of Hillandale Farms, one of the largest egg producers in the US. The move comes just as egg prices are starting to come down in the US. Eggceptional Appetites It may not be reflected in supermarket prices yet, but eggflation is finally starting to crack. The w…
The American classic burger with poached egg will soon become a luxury treat in the US. The shortage of eggs, which drives their price to astronomical heights, goes hand in hand with the quiet but unrelenting increase in the price of beef. Tariffs proposed by President Donald Trump may worsen the situation, writes The Economist.
Financial Times
luxtimes.luBrazil’s ‘Egg King’ shells out $1bn to acquire major US producer
Avian flu has driven prices for the versatile food to record highs in America
US Is Asking EU Countries For Eggs
Washington has reortedly requested that a few European countries, Lithuania, Finland, Denmark, start exporting more eggs to the US. The US Department of Agriculture (USDA) has reached out to producers in several EU countries to [...] The post US Is Asking EU Countries For Eggs appeared first on The People's Voice.
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