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The latest wholesale data from Urner Barry shows egg prices continuing to soar to new record highs amid an ongoing and devastating avian influenza outbreak straining the nation's egg-producing hen capacity. For ZeroHedge readers, it might be time to consider buying—or even building—a backyard chicken coop ahead of spring, as the nationwide egg shortage is poised to worsen.
Monday's print of the Urner Barry Egg Index EBP shows prices jumped to $6.44 per dozen, a new record high and more than $1 above from two weeks ago when we informed readers about the "blue-sky breakout" in wholesale prices.