U.S. to import eggs from Turkey and South Korea
The U.S. government plans to import more eggs from Turkey, South Korea, and another country to help lower prices. This decision comes as egg prices have become a major concern for many Americans dealing with inflation. U.S. Secretary of Agriculture Brooke Rollins announced the news, highlighting how avian flu has significantly affected egg production. Rollins mentioned that both Turkey and South Korea are set to increase their exports of breaker eggs to the U.S. She also indicated that discussions are ongoing with another country about short-term egg imports, but she did not reveal its name. "We continue to work that issue very aggressively," she stated, emphasizing the need to reduce egg prices. In February, the USDA introduced a $1 billion plan to address the high cost of eggs. This plan includes $500 million for biosecurity, $400 million in support for farmers, and $100 million for vaccine research. They are also looking at ways to reduce regulations and temporary import options. Rollins cautioned that egg demand typically rises during the Easter season, which could lead to price increases. However, the USDA noted that wholesale egg prices are on a downward trend. Prices have dropped nearly 50 percent, going from a peak of $8.53 per dozen in New York to $4.08 as of March 19.