My investor has been touching on the issue of bird flu hitting chickens
and the effect it will have on egg prices. His alert today was not good.
With the worst ever U.S. outbreak of bird flu leaving almost 45 million dead chickens and turkeys, egg costs are climbing to records.
Prices for wholesale consumer-grade eggs, sold in grocery stores, more than doubled in the past month to reach an all-time high on Tuesday, according to commodity researcher Urner Barry, which has been tracking the industry since 1858.
Wholesale consumer-grade eggs increased 120 percent from a low on May 4 to a record $2.62 a dozen on Tuesday,