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Egg shortages in the US worsen as Trump plans new measures against avian flu.
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IntroductionRecently, supermarkets across the United States have faced a shortage of eggs, with prices continuin ...
Recently,Which platform is formal for index trading? supermarkets across the United States have faced a shortage of eggs, with prices continuing to soar, drawing significant attention from consumers and policymakers. In response to the impact of the avian flu, the Trump administration is preparing a new response plan, aiming to adjust preventive strategies to alleviate supply pressure and stabilize market prices.
Trump Administration Prepares New Measures to Reduce Mass Culling
Kevin Hassett, director of the National Economic Council, revealed in an interview with CBS on Sunday that he and Agriculture Secretary Brooke Rollins will present an avian flu response plan to President Trump next week. Hassett stated that the current preventive measures overly rely on mass poultry culling, leading to supply shortages and driving up food prices. He emphasized that the government is seeking more "intelligent" methods, such as enhancing biosecurity measures, using drugs and vaccines, to reduce the risk of virus transmission, while avoiding severe losses to the farming industry.
In the "Face the Nation" program, Hassett pointed out that the Trump administration is collaborating with top scientists to ensure the feasibility and effectiveness of the new plan. "Our goal is to protect American consumers while helping the poultry industry develop steadily," he said.
Expert Opinion: Egg Shortage Is Not the Responsibility of Any Single Government
Agriculture experts generally believe that the impact of avian flu requires long-term response strategies, rather than relying solely on temporary measures. They note that governments at all levels in the United States can take more steps to curb the spread of avian flu, but the egg shortage problem cannot be entirely blamed on the Biden administration nor is it Trump's responsibility. However, Trump, who promised during his campaign to lower grocery prices, now faces this real challenge and needs to put forth a solution soon.
For a long time, the U.S. control of avian flu has mainly depended on culling infected poultry to prevent virus spread. However, as the avian flu virus spreads to more animal species and becomes increasingly difficult to control, this traditional strategy faces pressure for adjustment.
Vaccination May Become a New Trend, High Egg Prices Could Persist Throughout the Year
The use of avian flu vaccines is becoming part of the control measures. Recently, vaccine manufacturer Zoetis disclosed that the U.S. Department of Agriculture has conditionally approved an avian flu vaccine for chickens last week. Currently, several countries have begun vaccinating poultry to mitigate the pandemic's impact on the farming industry.
Although the government is actively seeking response solutions, market analysis agencies predict that egg prices in the United States may remain high throughout 2024, making it difficult for consumers to see significant price drops in the short term. As the Trump administration plans to introduce new policies, the market will closely watch their impact on the supply chain and prices.
Risk Warning and DisclaimerThe market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
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