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The USDA secretary released a strategy yesterday on lowering egg prices. Explained originally as a WSJ opinion (paywall). Summarized here without the paywall.
Five points to the strategy:
- $500 million for a biosecurity program to limit transmission of avian flu
- $400 million to farmers to recover after an outbreak
- $100 million for vaccines
- Look to ease regulations, especially overriding California Proposition 12 that banned the sale of eggs from caged hens.
- Look to allow temporary imports of eggs
Key concerns:
- Enacting a key-goal of the EATS act to override state humane treatment regulations without legislation
- Imports from lower-welfare countries
- All companies that have committed to going cage-free this year using the USDA response as an excuse to delayed or revoke their commitment.
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The USDA secretary released a strategy yesterday on lowering egg prices. Explained originally as a WSJ opinion (paywall). Summarized here without the paywall.
Five points to the strategy:
Key concerns: