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why is sanghvi movers limited (530073) rising ✌️【Safe Investment】✌️ Precise stock selection to help you successfully plan investment strategies for stable returns. 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.

why is sanghvi movers limited (530073) rising ✌️【Safe Investment】✌️ Expert predictions of stock trends to help you select stocks accurately, achieve stable growth, and quickly recover from losses. 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.

why is sanghvi movers limited (530073) rising ✌️【Safe Investment】✌️ Free break-even services to create a customized investment plan, helping you recover quickly and achieve growth. 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.

why is sanghvi movers limited (530073) rising ✌️【Safe Investment】✌️ Provides real-time stock index quotes, futures data, and global market trend analysis to help you seize the best investment timing. 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.

why is sanghvi movers limited (530073) rising ✌️【Safe Investment】✌️ Free stock selection service to help you quickly pick high-return stocks for stable growth. 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.

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