Bird Flu Outbreak Results in Lower Chicken Prices
Wednesday, June 17th, 2015 -- 8:17 AM
(AP) -A bird flu outbreak in the Midwest has actually resulted in cheaper chicken meat in the U.S. because exports have been restricted, leaving a plentiful domestic supply.In a monthly poultry market report published Tuesday, the U.S. Department of Agriculture says importers halted shipments even though chickens remain unaffected by bird flu. Wholesale prices in the Northeast are 32 percent lower than a year earlier. Drumsticks are down 33 percent. The bird flu outbreak did cause egg prices to increase.
Egg prices more than doubled from pre-bird flu prices but in recent days have fallen. Roasting turkey prices are 3 percent higher than a year ago and may increase a little more toward Thanksgiving.
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