GFM Network News


U.S. egg prices hit record levels as pandemic buying boosts demand

Washington | Reuters — Increased demand for eggs in the United States has sent egg prices soaring in recent weeks as consumers scramble to stock up on staples due to coronavirus shutdowns. Wholesale prices of “Midwest large” eggs hit an all-time high of $3.09 a dozen on Thursday, triple their level in early March, before […] Read more



U.S. bird flu causes egg shortage, emergency measures

Chicago/New York | Reuters — As a virulent avian influenza outbreak continues to spread across the Midwestern U.S., some egg-dependent companies are contemplating drastic steps — importing eggs from overseas or looking to egg alternatives. A spokeswoman for Archer Daniels Midland said that as egg supplies tighten and prices rise, the food processing and commodities […] Read more