By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Donald Trump Congress Speech: Here is what he said about rising egg prices and relief measures
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > Business > Donald Trump Congress Speech: Here is what he said about rising egg prices and relief measures
Business

Donald Trump Congress Speech: Here is what he said about rising egg prices and relief measures

By Viral Trending Content 4 Min Read
Share
SHARE
As egg prices continue to rise across the US, President Donald Trump is likely to outline his plans to curb soaring costs that have burdened American households in his address to Congress. According to excerpts obtained by the BBC, Trump will say President Joe Biden “let the price of eggs get out of control—and we are working hard to get it back down.”

Contents
Measures to stabilise pricesConsumers facing record-high egg pricesGrocery stores struggle to meet demandLooking ahead

Earlier, the Trump administration has unveiled a $1-billion plan to combat the ongoing bird flu crisis, which has significantly reduced egg production across the country. U.S. Department of Agriculture (USDA) Secretary Brooke Rollins announced on February 26 that most of the funds would be allocated to assisting farmers, expanding biosecurity programs at egg-laying facilities, and researching a vaccine to control the virus.

Measures to stabilise prices

The administration’s plan aims to provide direct relief to farmers affected by avian influenza outbreaks, with additional funds allocated to research and regulatory changes. Approximately $100 million will be used to explore potential egg imports, reduce regulations, and develop vaccines to prevent future outbreaks.

A key component of the plan is a push to roll back state-imposed restrictions that contribute to price disparities across different regions. The USDA also intends to temporarily increase egg imports while decreasing exports to improve the domestic supply and stabilize costs.

Consumers facing record-high egg prices

Egg prices have reached record levels, with the average cost of a dozen Grade A large eggs rising to $4.95 in January, up from $4.15 in December, according to data from the Bureau of Labor Statistics (BLS). Compared to last year, egg prices have surged by 53%, far outpacing the overall 2.5% increase in food costs.

The bird flu outbreak, which has led to the culling of millions of egg-laying hens, is the primary driver of the price surge. Over 20 million chickens were culled in late 2024 alone, severely disrupting supply chains. Even organic and cage-free eggs have seen sharp price increases, making what was once an affordable staple a costly commodity.

Grocery stores struggle to meet demand

The price spike has led to empty shelves and purchase limits in grocery stores nationwide. Many consumers have been forced to cut back on egg consumption, altering meal plans due to affordability concerns.“We do use eggs a little less often now because of the price,” said Jon Florey, a California resident. “I was going to make a quiche, but I figured I’d do something else.”

Egg prices are expected to remain high in the coming months, particularly with Easter approaching, a period that traditionally sees increased demand. The USDA has projected that prices could rise by an additional 20% this year.

Looking ahead

While the Trump administration’s plan aims to provide long-term solutions, immediate relief for consumers remains uncertain. The success of the proposed measures will depend on their swift implementation and effectiveness in controlling bird flu outbreaks and stabilizing the egg market.

As the President delivers his address to Congress, all eyes will be on how quickly these policies can bring financial relief to American households grappling with food inflation.

You Might Also Like

Five things to know about Africa's first G20

OpenAI’s Fidji Simo says Meta’s team didn’t anticipate risks of AI products well—her first task under Sam Altman was to address mental health concerns

Here’s where experts expect the BP share price to go next year

Huge Westminster HQ sells at 65% discount

Infosys' Rs 18,000 crore share buyback window to open on Nov 20. 5 things to know

TAGGED: bbc business, Business, business ideas, business insider, Business News, business plan, google my business, income, money, opportunity, small business, small business idea
Share This Article
Facebook Twitter Copy Link
Previous Article Wednesday Briefing: Canada and China Strike Back at Tariffs
Next Article VMware Security Flaws Exploited in the Wild—Broadcom Releases Urgent Patches
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

Cristiano Ronaldo attends White House dinner in honour of Saudi crown prince
World News
What to Expect from Apple’s AirPods Pro 4 in 2026
Tech News
Estevao has a great mentor in the Brazil camp after latest performance – opinion
Sports
STALKER 2 PS5 Is Not Your Friend – It’ll Break You
Gaming News
Five things to know about Africa's first G20
Business
Bitcoin ETFs See $3.3 Billion Drawdown—Second Largest Since Launch
Crypto
On the front line of Europe's standoff with Russia's sanction-busting shadow fleet
World News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Cristiano Ronaldo attends White House dinner in honour of Saudi crown prince

Investing £5 a day could help me build a second income of £329 a month!

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Cristiano Ronaldo attends White House dinner in honour of Saudi crown prince
November 19, 2025
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?