Food Price Increase Expected! It’s Eggs!

Biden’s presidency is a disaster from the beginning until now. I guess until the end; it would be collateral damage.

The food price index hit an all-time high in February, 24% up from one year ago.

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TGP reporter previously:

‘’The Food and Agriculture Organization of the United Nations reported last week that the international food price index hit an all-time high in February. Food prices are up 24% from one year ago.
And it’s only going to get worse. ‘’

Because of the highly pathogenic avian influenza, the egg price is expected to increase. The last outbreak was in 2015, and it was 3$ a dozen.

Zero Hedge reported:

Add eggs to the growing list of food prices rising at grocery stores. The reason is a highly pathogenic avian influenza (HPAI) spreading across the US.

Bloomberg reports HPAI has been detected in commercial poultry operations, backyard farms, and wild flocks up and down the East Coast and across the Midwest since Jan. 26.

The United States Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service (APHIS) has monitored the spread rippling through the US. Standard procedures for farms where HPAI has been detected are cull infected flocks. Last week, APHIS said 2.8 million chickens and turkeys died in one month from the virus. At least one million birds were recently culled at a poultry farm in Iowa.

Since the HPAI spread is recent, there’s no telling if it will abate anytime soon. The last outbreak, in 2015, resulted in the culling of 50 million laying hens across 15 states, pushing retail Grade A Egg prices to nearly $3 a dozen.​​​​​​ Prices are currently at $2.

Source

The Gateway Pundit Zero Hedge

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