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is rbl bank limited (540065) a good buy now ✌️【Investment Expert】✌️ Precise predictions of high-potential stocks to help you avoid risks and quickly recover and grow. The highly contagious avian influenza has wreaked havoc on the egg market. In November and December alone, 17.2 million egg-laying hens died as a result of the virus. That’s nearly half of all birds killed by the virus in 2024, according to the USDA. And it will take months to replace those flocks.

“We can’t begin fixing it the next day. It is really a six-to-nine-month process. It’s causing some shortages in certain markets that are intermittent and localized,” said Emily Metz, president and CEO of the American Egg Board.

is rbl bank limited (540065) a good buy now ✌️【Investment Expert】✌️ Free stock selection service with precise predictions of high-potential stocks to help you stay ahead in the market. The average price of a dozen eggs of any kind at the end of December was $4.33, up nearly 25% from the beginning of November, according to Nielsen IQ data provided by the American Egg Board. And that’s on top of what has already been a startling rise throughout the year: Egg prices were up 37.5% year-over-year in November, according to the Consumer Price Index.

is rbl bank limited (540065) a good buy now ✌️【Investment Expert】✌️ Professional analysis of stock market dynamics with real-time data for India stocks, US stocks, and European stocks to help you make precise decisions. At one King Cullen store in Island Park, New York, a sign on the Long Island supermarket’s empty egg shelf read “as a part of Avian Influenza, select egg varieties may be temporarily out of stock.”

Publix, which has nearly 1,500 grocery stores, mainly in the south, confirmed the chain is experiencing egg shortages as well.

“Items in this section have limited availability. We are working to bring these products back as soon as possible,” the company said in a statement.

Egg prices were expected to rise around the holidays because of seasonal demand and a bad year of avian flu. But as the holidays came and went, supply didn’t stabilize; it dwindled instead, leaving shelves less stocked and prices higher.

In the last two months, avian flu spread to dairy farms, infecting egg farms nearby. Extreme weather across the country delayed and changed the flight path of wild birds, the main carriers of the virus.

“Hurricanes in the southeastern United States last year actually picked up those wild birds and repositioned them so that they were flying back over the same territory that they already flew over. And again, that just provides a greater opportunity for virus to spread,” said Metz.

is rbl bank limited (540065) a good buy now ✌️【Investment Expert】✌️ Real-time updates of global stock, futures, and commodity market data to keep you in sync with the latest market trends. Morton Wiliams, a tri-state area grocery chain in the surrounding areas of New York City, has seen egg prices rise across all categories since December.

“Our cost just skyrocketed. It was crazy,” said Steve Schwartz, director of sales and marketing at Morton Williams.

is rbl bank limited (540065) a good buy now ✌️【Investment Expert】✌️ Free real-time global stock and futures trend data to help you analyze market movements and make fast investment decisions. Schwartz said the grocery chain buys from six egg distributors, which allows for multiple channels to get its eggs. But prices remain troubling.

In mid-October, a dozen conventional eggs cost Morton Williams $2.38. This week they paid their distributors $5.48, and that’s with a 70-cent discount, said Schwartz.

“We’re going to struggle through this for a while because when I spoke to the farm a week ago, I asked the question: ‘When do you expect to see relief?’” Schwartz said.

is rbl bank limited (540065) a good buy now ✌️【Investment Expert】✌️ Expert predictions of stock trends to help you select stocks accurately, achieve stable growth, and quickly recover from losses. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Stock Market Knowledge Sharing 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.

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