Price of eggs set to sky-rocket
Egg prices will soar because of the rising cost of layer feeds, producers
in the UK warned.
Six medium free-range eggs will rise from an average Â£1.09 to Â£1.29 ($2.17
to $2.57 or €1.57 to €1.86) over the next few weeks.
Animal feed, which are more than 60% or total cost for keeping layer hens,
has been hit by wheat prices, which have doubled in the past year. Wheat is a
major ingredient in European layer feeds.
Experts warn the situation could cause an egg shortage as hard-hit
producers switch to other types of farming.
Also demand for eggs normally increases in the run-up to Christmas and
fulfilling demand will become an issue.
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