Monday, May 25, 2015

Bird flu causes egg shortage, emergency measures - from TRUNEWS

As a virulent avian influenza outbreak continues to spread across the Midwestern United States, some egg-dependent companies are contemplating drastic steps – importing eggs from overseas or looking to egg alternatives.

A spokeswoman for Archer Daniels Midland said that as egg supplies tighten and prices rise, the food processing and commodities company has received numerous inquiries from manufacturers about the plant-based egg substitutes it makes.

With a strong dollar bolstering the buying power of U.S. importers, some companies are scouting for egg supplies abroad.

“The U.S. has never imported any significant amount of eggs, because we’ve always been a very low-cost producer,” said Tom Elam of FarmEcon, an agricultural consulting company. “Now, that’s no longer the case.”

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