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"Egg smuggling" is active at the USA-Mexico border! The soaring egg prices have made American consumers very uneasy.
① Consumers in the USA are facing soaring egg prices, with the average price of a dozen eggs in January at $4.95, doubling year-on-year due to Bird Flu severely impacting local Raising Chickens farms; ② Last week, the U.S. Customs and Border Protection (CBP) reported a significant increase in egg smuggling activities at the Mexican border compared to the previous year; ③ CBP reminds the public that the illegal importation of fresh eggs, raw chicken, or live poultry is prohibited, and incoming travelers must declare these items.
Express News | Stephens & Co. Reiterates Equal-Weight on Cal-Maine Foods, Maintains $97 Price Target
Cal-Maine Foods Analyst Ratings
The USDA Expands Its Program to Fight Avian Flu With a Goal to Lower Egg Prices
The Trump administration has launched an egg shortage response plan, proposing to import up to 0.1 billion eggs but still not releasing a vaccine.
In response to the most severe Bird Flu outbreak in history, the Trump administration is increasing egg imports and strengthening support for Raising Chickens farmers.
While Shareholders of Cal-Maine Foods (NASDAQ:CALM) Are in the Black Over 5 Years, Those Who Bought a Week Ago Aren't so Fortunate
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70185303 : There are no eggs for sale.
101807599 : no obvious reason for the public. maybe insider and whales trading/take profit. VITL is suffering similarly. some people feels the stock is expensive and took profit. if we judge based on whatever information we have, it is doing great, so it doesnt make sense to drop 20 percent over 2 days… but thats stock market, not everything make sense.
to invest you need money and time. you will know if its fine if you give time.
71179109 OP 101807599 : Yes, thanks! Time matters a lot!!!