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“Bird flu is by far the biggest factor affecting egg prices right now,” Bernt Nelson, an economist with the American Farm Bureau Federation, told NBC News. “In the last couple months alone ...
Prices Spike Just in Time for Baking Season. Egg prices have increased more than any other consumer staple over the past year, hitting an average of $3.37 per dozen in October, a 30% jump from ...
On Sept. 30, the U.S. Farm Bill quietly expired, and it could place agricultural, environmental, and nutrition programs in jeopardy. Technically, the Farm Bill (a $1.5 trillion federal legislation ...
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The trade-weighted FAO Food Price Index is technically a price index and is calculated using the Laspeyres formula. It documents the development of world market prices of 24 agricultural commodities and foodstuffs in U.S. dollars. Foodstuffs have been grouped by the Food and Agriculture Organization (FAO) of the United Nations into five ...
The percentage of Americans who live on a farm diminished from nearly 25% during the Great Depression to about 2% now, [8] and only 0.1% of the United States population works full-time on a farm. As the agribusiness lobby grows to near $60 million per year, [ 9 ] the interests of agricultural corporations remain highly represented.
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Costs have cooled somewhat since then, now hovering around roughly $3 per dozen, but egg prices in June 2024 were still an astounding 10.2% higher than in June 2023! Moreover, egg prices jumped up ...