Americans are eating more eggs, and other countries want to increase the number of eggs they import from the U-S. And that means prices are likely to rise. Harvest Public Media’s Amy Mayer explains.
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Cost of Eggs Likely to Increase as Demand Spikes
The U-S Department of Agriculture expects the price of a dozen eggs to be higher in the first few months of 2018 than it was a year earlier. Several factors are at play in the industry, which was ravaged by a bird flu outbreak two years ago. Iowa State University professor Hongwei Xin (HONG-way SHIN) directs the Egg Industry Center. He says that, for starters, people are eating more eggs.
Plus, Xin (shin) says, several countries are importing more U-S eggs due to bird flu outbreaks this year. He expects egg prices to come down by late spring.