What's inside Elon's building in Memphis will shock you

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the July 1st funding window closes.

The Bird flu outbreak isn't over, but it's less severe, helping egg and poultry prices recover

JOSH FUNK
November 14, 2023

OMAHA, Neb. (AP) -- Nearly 5 million chickens, turkeys and other birds have been slaughtered this year because of a persistent bird flu outbreak that began in 2022, but as big as that number may sound, it's far less than the number of birds killed last year which means consumers aren't seeing as much impact on poultry and egg prices.

The 4.6 million birds killed this year compares to the nearly 58 million birds the U.S. Department of Agriculture said were slaughtered last year in the first year of the outbreak. While that decline is welcome news, the fact that infections continue is a worrisome indication that unlike earlier outbreaks, the current virus has found a way to survive through the summers, and poultry will likely always be at risk of the disease.

The key problem with bird flu is that the highly contagious virus is spread easily by wild birds through droppings and nasal discharges, and it mutates over time. Despite the best efforts of farmers, it is hard to keep the virus out.

"The industry is definitely on really high alert," said veterinarian Denise Heard with the U.S. Poultry & Egg Association trade group.

As geese and ducks have started to head south for the winter, cases of bird flu have predictably begun popping up primarily at farms in Minnesota, Iowa and South Dakota along one of the major flyways for migrating birds. Most of those cases involve only tens of thousands of birds, but 1.2 million birds at one Iowa egg farm and another 940,000 chickens at one Minnesota egg farm had to be slaughtered last week after the disease was found.

Still, only a small portion of the total flock nationwide has been affected this year, allowing prices to fall closer to where they were before the outbreak began.

Egg prices peaked at a nationwide average of $4.82 per dozen in January -- more than double the $1.93 per dozen charged a year earlier before the first bird flu case was confirmed in Indiana in February of 2022. They remained at $2.07 per dozen last month, according to new numbers released Tuesday.

Turkey and chicken prices also spiked over the past two years, but bird flu wasn't the only factor as feed, fuel and labor costs also soared as part of the widespread inflation that weighed on the entire economy.

The average price per pound of a whole chicken has climbed pretty steadily since it was at $1.62 in January 2022, according to the U.S. Bureau of Labor Statistics latest consumer price data. But it was only at $1.93 per pound in October, up from $1.86 a year ago. Chickens raised for meat haven't been hit as hard by bird flu because that industry is focused in the southeast where there haven't been as many cases, and because those chickens don't live as long before they're killed for meat so there's less chance of infection.

Retail turkey prices aren't tracked the same way, but USDA reports show that wholesale frozen turkey prices averaged $1.15 per pound in October, down from last year's $1.79 per pound and the previous year's $1.35 per pound. And many of this year's turkeys are already in cold storage, so even if more turkey farms get hit by the virus the current holiday supply won't be affected.

Plus, as the National Turkey Federation trade group points out, many retailers like to discount turkey prices heavily in the hopes that consumers will buy the rest of their Thanksgiving fixings at their stores, so consumers might find even lower prices.

"We're in a really good spot for Thanksgiving turkeys," said Jada Thompson, an agricultural economist at the University of Arkansas. "I think there should be a lot of relief coming in the holiday season."

A combination of factors contributed to the sharp drop in bird flu cases this year. Perhaps the most important is that the number of virus cases the USDA has been finding among wild birds has dropped precipitously, suggesting that some ducks and geese may be developing immunity. But farmers also redoubled efforts to keep the virus from infecting their flocks by tightening up biosecurity practices.

Farmers have gone to great lengths by requiring workers to shower and change clothes before entering barns, sanitizing trucks that enter a farm and investing in separate sets of tools for every barn. Some farms have even upgraded barn ventilation and installed laser systems to discourage wild birds from congregating.

"The biggest thing, of course, that we would stress from here is biosecurity, biosecurity, biosecurity," Heard said.

The USDA says the response to the outbreak has cost the government $757 million so far with most of that going to compensate farmers who have to destroy their flocks. Agriculture economists estimate that the industry has also suffered at least another $1 billion in damages from lost sales and other costs though the total cost to the industry hasn't been tallied up.

This outbreak is more widespread than the last big one in 2015 that killed about 50 million chickens and turkeys in 15 states, but it remains less costly as the industry and government apply the lessons learned from that experience.

Officials say bird flu doesn't represent a significant health threat. Human cases are extremely rare and none of the infected birds are allowed into the nation's food supply. Properly cooking poultry and eggs to 165 degrees Fahrenheit (73.89 degrees Celsius) will also kill any viruses.

Bird flu vaccines are being developed and might help in the future, but at this point they remain impractical. Export markets might not accept vaccinated birds, every bird would have to get shots individually and costly testing would be needed.

"It's not economically feasible right now. And not just from the trade aspects, but just for the whole administration of it to the surveillance of it and the cost of all of that," said John Clifford, who advises the USA Poultry and Egg Export Council on trade issues as the former chief veterinary officer for the United States.

Continue Reading...

Popular

Trump keeps saying the GOP mega bill will eliminate taxes on Social Security. It does not

WASHINGTON (AP) — President keeps saying that Republicans' mega legislation will eliminate taxes on federal benefits.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.

BigBear.ai, AMD, QuantumScape, Coinbase, Tesla: Why These 5 Stocks Are On Investors' Radars Today

U.S. stocks ended the day on a high note, with the Nasdaq gaining over 1.4% on Tuesday to 19,912.53. The Dow also traded up 1.2% to 43,089.02, while the S&P 500 rose by 1.1% to 6,092.18. These are the top stocks that gained the attention of retail traders and investors throughout the day:

BigBear.ai (BBAI) Stock Soars 21%: What's Going On?

Shares of BigBear.ai are trading sharply higher Tuesday afternoon. The rally comes without any new company-specific announcements.

FDA Submission Expected This Summer - Invest Before It Happens - Ad

This company is making heart disease easier to detect with AI. Their tech has officially been designated a "Breakthrough" by the FDA. You now have an opportunity to get in at a potential inflection point.

Datadog Stock Surges On S&P 500 Inclusion

Datadog Inc (NASDAQ:DDOG) shares are trading higher in Wednesday's after-hours session after it was announced that the company will join the S&P 500.

20 Surprising Reddit Facts To Celebrate Its Milestone Birthday

Here's a look at Reddit's best-kept secrets and odd historical footnotes as the platform turns 20.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after July 23rd, it may be too late.

Why Are Central Banks Still Stockpiling Gold?

Central banks continue to increase gold reserves, viewing it as a tool to navigate global uncertainty. Confidence in gold remains strong.

Republicans hit major setback in their effort to ease regulations on gun silencers

WASHINGTON (AP) — Republican efforts to loosen regulations on and short-barreled rifles and shotguns have been dealt a big setback with the Senate parliamentarian advising that the proposal would need to clear a 60-vote threshold if included in their big tax and immigration bill.

A 64% Dividend From Gold? - Ad

Gold is soaring. But here's what no one's talking about: a way to earn a 64% dividend-paid in real cash every 30 days. No trading. No risky mining stocks. Just one simple move in your brokerage account... and you could start collecting monthly income almost instantly.

NIO Breaks Tradition, Repositions Key Event To Align With SUV Debut

NIO stock edges higher as the company reschedules NIO Day 2025 and reports strong June deliveries.

Do These 4 Things to Your Bank Account Now ... - Ad

A sweeping U.S. policy could soon let the government track-or even freeze-your bank account. But there are 4 simple steps you can take right now to protect your savings before it's potentially too late.

Trump's Tariffs, Boeing's Blowout, Tesla's Robotaxi, BYD's European Triumph And GM's Massive Recall: This Week In Mobility

This week's business and finance highlights include Japan's rejection of Trump's auto tariffs, Boeing's scrutiny over a mid-air incident, Tesla's Robotaxi launch, BYD's dominance in Europe, and GM's massive vehicle recall.

Canadian Prime Minister Carney says trade talks with US resume after Canada rescinded tech tax

TORONTO (AP) — Canadian Prime Minister Mark Carney said late Sunday trade talks with U.S. have resumed after Canada rescinded its plan to tax U.S. technology firms.

Stunning Trump Policy Unlocks Upfront Cash Payouts - Ad

The U.S. has collected $15B from Trump's tariffs - and now, thanks to Title 15, you could claim your own $100-$1,000 instant upfront cash payouts. No stocks needed. Use your phone and this income technique to collect upfront payouts now.

Pastors who endorse political candidates shouldn't lose tax-exempt status, IRS says in filing

WASHINGTON (AP) — The says pastors who endorse political candidates from the pulpit should not have to risk losing their tax-exempt status.

Tesla Rival BYD Reports 2025's Best-Selling Month In June Amid Exports Surge

BYD's June sales hit 377,628 units, a 11% YoY growth, with 54.8% being EVs. BYD also saw a 234% increase in exports.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

In South Memphis, I uncovered what could be Elon Musk's biggest invention yet. It's so secretive, rivals are flying drones to spy on it. If you're serious about investing in AI, now's the time to see what's really going on inside those walls.

Trump Brokers Peace Deal Between DR Congo And Rwanda — Now Eyes Billions In US Investment

Trump brokers a peace deal between DR Congo and Rwanda, aiming to end conflict and unlock U.S. investment in critical African minerals.

Nike Beats The Street And Says The Worst Is Over

Nike Inc (NKE) stock rallies after upbeat fiscal Q4 results. Analysts maintain Buy ratings, raise price targets, citing potential for growth.

Back This Medical AI Tech - Ad

You don't often find healthcare tech company valued at $4M. HeartSciences is an exception. With $75M invested, including R&D, clinical trials, and product development, their patented AI software is approaching FDA submission, a potential major inflection point.

Japan launches a climate change monitoring satellite on mainstay H2A rocket's last flight

TOKYO (AP) — Japan on Sunday launched a satellite to monitor greenhouse gas emissions using its mainstay rocket, which made its final flight before it is replaced by a new flagship designed to be more cost competitive in the global space market.

Wall Street Slumps, Dollar Jumps After Trump's Tariff Blitz: What's Moving Markets Monday?

President Donald Trump sent markets into a tailspin Monday after officially announcing sweeping 25% tariffs on all imports from Japan and South Korea, starting Aug. 1. The new tariffs apply to all goods from the two Asian economies and are in addition to any existing sector-specific duties.

Tariff-Driven Cash Payouts, Right Off Your Smart Phone? - Ad

The U.S. Treasury has raked in $15B from Trump's tariffs - and now, thanks to Title 15, you could pocket $100-$1,000 upfront payouts yourself. No stocks needed. Just use your phone and my #1 income strategy to start collecting now.

Elon Musk Says 'Clear Path' To Restoring Hearing With Neuralink, But The Deaf Community Want To Have Their 'Say'

Elon Musk's Neuralink faces backlash from the deaf community after proposing brain implant technology to restore hearing, with deaf adults calling for inclusion in the research process.

What's inside Elon's building in Memphis will shock you - Ad

Inside Elon Musk's Memphis site lies a supercomputer built to power the world's first superhuman AI. It could make Elon a trillionaire - and new millionaires, too. With just $500, you could get in before the July 1st funding window closes.

What's in the latest version of Trump's big bill that passed the Senate

WASHINGTON (AP) — Republicans are getting closer to the finish line in getting their tax and spending cut bill through Congress with a final House vote possible on Wednesday.

Trump Says Jerome Powell Should 'Resign Immediately' After FHFA Director Alleges Fed Chair Lied About $2.5 Billion Renovation Plan

In Big Tech Just Before Congressional Hearing: ReportTrump wants Powell gone over testimony liesTrump demands Powell's resignation after accusations of misleading testimony from Federal Housing Finance Agency Director. Trump has been critical of Powell in the past.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as July 23rd.

Trump's Crypto Advisor David Sacks Says July Will Be A 'Big Month' — Says President Supports Legislation On Market Structure And Stablecoins

President Donald Trump's crypto and AI advisor, David Sacks, praised on Thursday the Senate’s timeline and plan for crypto legislation that proposes dividing oversight of digital assets between market regulators.

FDA Submission Expected This Summer - Invest Before It Happens - Ad

This company is making heart disease easier to detect with AI. Their tech has officially been designated a "Breakthrough" by the FDA. You now have an opportunity to get in at a potential inflection point.

A hard-right lawmaker is sworn in as Greece's migration minister

ATHENS, Greece (AP) — A hard-right lawmaker was sworn in Monday as Greece’s migration minister, replacing a fellow right-wing political heavyweight who resigned following

What to Stream: Ryan Coogler’s 'Sinners,' a Kesha album, 'SharkFest' and John Cena with Idris Elba

Kesha enjoying her freedom on her first new album since she left her old label and Ryan Coogler’s guts-spilling vampire film “Sinners,” are some of the new television, films, music and games near you.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after July 23rd, it may be too late.

650% Later, Rocket Lab CEO Isn't One Bit Worried

Rocket Lab CEO Peter Beck highlights strong demand for launches from both commercial and government customers.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service