A rapidly escalating bird-flu outbreak in the U.S. is contributing to a surge in egg prices and threatens to raise prices on other poultry products in the coming months.
A rapidly escalating bird-flu outbreak in the U.S. is contributing to a surge in egg prices and threatens to raise prices on other poultry products in the coming months as deaths continue to mount.
Cases of highly pathogenic avian influenza so far have led to the deaths of more than 17 million birds, according to Agriculture Department data. The virus outbreak, the worst in seven years, is hitting Midwest egg-laying flocks and affecting companies fromCorp. More than 11 million egg-laying chickens, roughly 3% of the total U.S. flock, have died or been destroyed as a result of the disease, along with more than two million commercially raised turkeys.