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Cal-Maine Foods shares rose after strong earnings report, driven by increased egg prices and holiday demand.
New Zealand effectively contains a bird flu outbreak within the Otago region, maintaining the country's poultry trade stability.
A surprising rise in US wholesale inflation in November is linked to a dramatic increase in egg prices due to bird flu, impacting the PPI and potentially influencing Federal Reserve policies.
Explore the causes of rising egg prices, influenced by avian flu and supply issues, and future market predictions.
In the years 2022 to 2023, Poultry imports saw a decline in growth, with the value dropping to $1.2B in 2023.
During the review period, Chicken Meat imports reached their highest point in 2023 and are projected to continue growing in the near future. In terms of value, chicken meat imports experienced a slight decrease to $1.7B in 2023.
From 2017 to 2023, the growth of imports of Fresh Whole Chicken failed to regain momentum. In value terms, Fresh Whole Chicken imports fell notably to $1.3M in 2023.
Imports of Frozen Whole Turkey peaked at 1.7K tons in 2013 but failed to regain momentum from 2014 to 2023, with the value soaring to $381K in 2023.
Alwatania, Saudi Arabia's major poultry producer, explores sale amid industry growth, reflecting increased interest in food self-sufficiency and market expansion.
The U.S. faces a worsening egg shortage as bird flu decimates poultry flocks; holiday demand and supply chain challenges spur rising prices.
Thanksgiving dinner in 2024 is historically affordable with a 5% cost drop from last year, making it the cheapest feast in almost 40 years when adjusted for inflation.
From 2021 to 2023, Meat And Poultry imports experienced a decline in growth, dropping in value to $23.6B in 2023.
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