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How to Identify Undervalued Stocks in the Indian Market Expert Driven Stock Choices ✌️【Return】✌️ Free real-time market data to help you quickly recover and avoid losses. The highly contagious avian influenza has wreaked havoc on the egg market. In November and December alone, 17.2 million egg-laying hens died as a result of the virus. That’s nearly half of all birds killed by the virus in 2024, according to the USDA. And it will take months to replace those flocks.

“We can’t begin fixing it the next day. It is really a six-to-nine-month process. It’s causing some shortages in certain markets that are intermittent and localized,” said Emily Metz, president and CEO of the American Egg Board.

How to Identify Undervalued Stocks in the Indian Market Expert Driven Stock Choices ✌️【Return】✌️ Free real-time stock index quotes to help you quickly seize market opportunities and achieve capital growth. The average price of a dozen eggs of any kind at the end of December was $4.33, up nearly 25% from the beginning of November, according to Nielsen IQ data provided by the American Egg Board. And that’s on top of what has already been a startling rise throughout the year: Egg prices were up 37.5% year-over-year in November, according to the Consumer Price Index.

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Publix, which has nearly 1,500 grocery stores, mainly in the south, confirmed the chain is experiencing egg shortages as well.

“Items in this section have limited availability. We are working to bring these products back as soon as possible,” the company said in a statement.

Egg prices were expected to rise around the holidays because of seasonal demand and a bad year of avian flu. But as the holidays came and went, supply didn’t stabilize; it dwindled instead, leaving shelves less stocked and prices higher.

In the last two months, avian flu spread to dairy farms, infecting egg farms nearby. Extreme weather across the country delayed and changed the flight path of wild birds, the main carriers of the virus.

“Hurricanes in the southeastern United States last year actually picked up those wild birds and repositioned them so that they were flying back over the same territory that they already flew over. And again, that just provides a greater opportunity for virus to spread,” said Metz.

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“Our cost just skyrocketed. It was crazy,” said Steve Schwartz, director of sales and marketing at Morton Williams.

How to Identify Undervalued Stocks in the Indian Market Expert Driven Stock Choices ✌️【Return】✌️ Expert predictions with real-time global stock and futures data to help you easily capture market movements. Schwartz said the grocery chain buys from six egg distributors, which allows for multiple channels to get its eggs. But prices remain troubling.

In mid-October, a dozen conventional eggs cost Morton Williams $2.38. This week they paid their distributors $5.48, and that’s with a 70-cent discount, said Schwartz.

“We’re going to struggle through this for a while because when I spoke to the farm a week ago, I asked the question: ‘When do you expect to see relief?’” Schwartz said.

How to Identify Undervalued Stocks in the Indian Market Expert Driven Stock Choices ✌️【Return】✌️ Real-time updates of global stock indices and futures trends to help you plan precise investments. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Trading Group 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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