Egg prices are plunging due to oversupply
Egg prices are plunging from oversupply after avian flu shortages, but producers say persistent feed, fuel and labor costs are squeezing margins.
TL;DR
- Egg prices are falling sharply due to an oversupply.
- This oversupply follows a period of shortages caused by avian flu.
- Producers are concerned about persistently high costs for feed, fuel, and labor.
- These increased costs are negatively affecting profit margins for egg producers.