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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

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Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
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U.S. to boost egg imports and farm relief as prices soar on bird flu

By
Michael Hirtzer
Michael Hirtzer
,
Josh Wingrove
Josh Wingrove
, and
Bloomberg
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By
Michael Hirtzer
Michael Hirtzer
,
Josh Wingrove
Josh Wingrove
, and
Bloomberg
Bloomberg
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February 26, 2025, 11:45 AM ET
A grocery store shelf shows customers are limited to 10 cartons of eggs
Eggs are displayed for sale in a Manhattan grocery store on February 25Spencer Platt—Getty Images

The US is stepping up egg imports and boosting support to chicken farmers to combat its worst-ever outbreak of avian flu that’s sent egg prices to a record of over $8 a dozen.

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The nation will look to import between 70 million and 100 million eggs during the next month or two, the US Department of Agriculture said Wednesday as it announced a five-part plan to address bird flu. The Trump administration’s strategy also involves helping farmers protect birds from catching the virus and quickly rebuilding populations after chickens are killed or culled.

“One of the key issues facing America today are the egg prices, and the president has made it one of his priorities from minute one that we bring those prices down for consumers,” Agriculture Secretary Brooke Rollins said.

Read More: Why We’re Still Shelling Out More for Eggs: QuickTake

Millions of birds have been killed just since December as the outbreak hit egg-laying farms from Iowa to California to North Carolina, prompting grocery stores to limit purchases and restaurants to add surcharges.

While the US isn’t ready to start vaccinating birds, Rollins said it will increase research into immunization and roll back regulations to help cut costs.

“A lot of the industry believes, on the egg-laying side, that we should, but it isn’t a proven vaccine yet,” Rollins said. “So I was hesitant in rolling anything out that would require more vaccinations without understanding first, exactly, would it solve the problem.”

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
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