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President Donald Trump's administration introduced a five-part plan Wednesday to combat surging egg prices but cautioned that it may take time before consumers notice lower prices at the checkout counter.
Agriculture Secretary Brooke Rollins said the plan includes a $500 million investment to strengthen biosecurity measures for farmers, $400 million in aid for those affected by avian flu, and $100 million for research into vaccines and therapeutics for U.S. chicken flocks. It also proposes reviewing and potentially rolling back certain state-level animal welfare regulations the administration considers restrictive.
Additionally, the administration is negotiating to import 70 million to 100 million eggs from other countries in the coming months, Rollins said.
She warned that egg prices could continue rising as the Easter holiday approaches, a period of historically high demand.
Brooke Rollins, Trump's agriculture secretary, wrote in a Wednesday op-ed for the Wall Street Journal: "The Agriculture Department will invest up to $1 billion to curb this crisis and make eggs affordable again. We are working with the Department of Government Efficiency to cut hundreds of millions of dollars of wasteful spending."
President Donald Trump said during Wednesday's Cabinet meeting: "These eggs are a disaster. The secretary of agriculture is going to be showing you a chart that's actually mindboggling what's happened. How low they were with us [in the first Trump term], how high they are now. I think we can do something about it."
The U.S. Department of Agriculture said in a Tuesday report: "Retail egg prices continue to experience volatile month-to-month changes due to an outbreak of HPAI that began in 2022. HPAI contributes to elevated egg prices by reducing egg-layer flocks and egg production."
Rollins said in the WSJ op-ed published Wednesday that the new strategies "won't erase the problem overnight, but we're confident that it will restore stability to the egg market over the next three to six months."
www.newsweek.com
Agriculture Secretary Brooke Rollins said the plan includes a $500 million investment to strengthen biosecurity measures for farmers, $400 million in aid for those affected by avian flu, and $100 million for research into vaccines and therapeutics for U.S. chicken flocks. It also proposes reviewing and potentially rolling back certain state-level animal welfare regulations the administration considers restrictive.
Additionally, the administration is negotiating to import 70 million to 100 million eggs from other countries in the coming months, Rollins said.
She warned that egg prices could continue rising as the Easter holiday approaches, a period of historically high demand.
Brooke Rollins, Trump's agriculture secretary, wrote in a Wednesday op-ed for the Wall Street Journal: "The Agriculture Department will invest up to $1 billion to curb this crisis and make eggs affordable again. We are working with the Department of Government Efficiency to cut hundreds of millions of dollars of wasteful spending."
President Donald Trump said during Wednesday's Cabinet meeting: "These eggs are a disaster. The secretary of agriculture is going to be showing you a chart that's actually mindboggling what's happened. How low they were with us [in the first Trump term], how high they are now. I think we can do something about it."
The U.S. Department of Agriculture said in a Tuesday report: "Retail egg prices continue to experience volatile month-to-month changes due to an outbreak of HPAI that began in 2022. HPAI contributes to elevated egg prices by reducing egg-layer flocks and egg production."
Rollins said in the WSJ op-ed published Wednesday that the new strategies "won't erase the problem overnight, but we're confident that it will restore stability to the egg market over the next three to six months."
Trump admin unveils $1.5B plan to curb rising egg prices, boost supply
Agriculture Secretary Rollins said the plan includes a $500 million investment to strengthen biosecurity measures for farmers.
www.newsweek.com
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