Bird Flu Infected California Cows. Why Didn't Milk Prices Spike like Egg Costs Did?
Bird flu outbreaks sent egg prices soaring in recent months, in some cases north of $9 per dozen. While the virus also spread to dairy cattle, the outbreaks didn't seem to boost California milk prices.
A group of UC Davis economists recently wrote that though California produces more than 15% of U.S. milk, bird flu has had "little or no impact on milk prices."
Their assessments were released in a recent edition of the Agricultural and Resource Economics Update, a publication by...
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