The Rising Cost of Eggs: A Crisis in the US and Australia

The cost of eggs in the US has increased by 65% over the past year. Efforts to address this have included importing eggs from South Korea, Türkiye, and Brazil, as the situation has led to unusual occurrences such as smuggling from Mexico. Australia is encountering similar price spikes due to bird flu, although it has not indicated plans to import eggs. The article explores these intertwined issues affecting both nations.

The price of eggs in the United States has surged dramatically, with a 65% increase over the past year and predictions of a further 41% rise by 2025. This inflation has forced US President Donald Trump to seek imports from South Korea, Türkiye, and Brazil to alleviate the supply shortage. Controversies surrounding the soaring prices have arisen from accusations of market manipulation by larger suppliers, despite rejection from the American Egg Board. The broader implications have led to instances of egg smuggling from Mexico where prices remain lower and notable cases of theft across the country.

This article elucidates the current egg crisis facing both the United States and Australia, driven primarily by a virulent bird flu outbreak. While the US government has taken measures to import eggs in a strategic effort to stabilize prices, Australians face similar challenges while maintaining stringent biosecurity measures. Monitoring the evolving situation is essential as consumer access to eggs remains under strain in both nations.

Original Source: www.abc.net.au