European wheat prices fell for a third straight session as record global supply, rising exporter stocks and a bigger EU crop kept pressure on Euronext futures.
Egg prices have surged 53% in a year, fueling inflation fears and complicating the Fed’s strategy as consumers react to the sharp increase amid an ongoing avian flu outbreak.
Egg prices have surged to over $9 per dozen due to avian flu outbreaks, culling millions of hens and creating supply shortages that experts warn may persist into late 2025.
U.S. egg prices are rising sharply, driven by avian flu outbreaks and holiday demand, with analysts warning supply shortages could lead to record-high costs last seen during the pandemic.