According to a report published yesterday, Tuesday, by Danish Radio, egg producers expect rising costs such as feed prices to cause egg prices to rise significantly.
Steen Pietsch, director of Vestjyllands Andel, a cooperative that sells feed to egg producers, and a board member of Dava Foods, which has two egg-packing plants in Denmark, stated that he expects the exact bid to be 6-7 kroner per egg, "I don't think that's out of the question.".
He explains that rising prices for feed, energy and other raw materials due to the war in Ukraine are putting pressure on producers who supply Danes with eggs. He also clarified that the increase does not only include eggs but may include all other food items, as he expects the increase to reach a historic level. He said, "I think we can prepare for that.".
Axel Munson, an organic egg producer, also stated, “We can now see that the prices of the grains we have to buy for feed for next year will double.” He added that the price of eggs will certainly rise rapidly, and if his assessment is correct, a carton of eight eggs could cost 48 kroner, as the type of feed, packaging, energy required for packaging and sorting, and all of these are included in the total costs.
Bird flu in the United States and France
The price of wheat and corn, which are used in chicken feed, has risen sharply since the Russian invasion of Ukraine. Both countries are important suppliers to large parts of the world, and even before the war, Ukraine, which produces 16 billion eggs a year, was the largest supplier of eggs to the European Union. Therefore, the war, along with several outbreaks of bird flu in the United States and France, has caused egg prices to rise worldwide.
In France, for example, the price of an egg has risen by 69% compared to last year, according to Reuters. But in Denmark, there has been an overproduction of organic eggs in particular, so Danish egg producers are currently caught between a low price for eggs and a high price for feed, says Lars Breedal, head of the Egg and Poultry Committee at the National Organic Association. This has resulted in a drop in the price of eggs at one point, while the selling price did not cover the costs necessary for production, leading to a number of bankruptcies among some egg producers, which is a dangerous situation, he says.
