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BumRushDaShow

(172,405 posts)
10. I've seen the (fryer) chicken prices fluctuate during these outbreaks too
Sun Sep 29, 2024, 09:45 AM
Sep 2024

I think a lot of it is also geographic/regional, so not all areas will see those rises due to where the culling of either egg-laying and/or fryer chickens is happening, and who they are distributing to.

A Cruel Way to Control Bird Flu? Poultry Giants Cull and Cash In.


By Andrew Jacobs
Published April 2, 2024 Updated April 4, 2024


The highly lethal form of avian influenza circulating the globe since 2021 has killed tens of millions of birds, forced poultry farmers in the United States to slaughter entire flocks and prompted a brief but alarming spike in the price of eggs. Most recently, it has infected dairy cows in several states and at least one person in Texas who had close contact with the animals, officials said this week.

The outbreak, it turns out, is proving to be especially costly for American taxpayers. Last year, the Department of Agriculture paid poultry producers more than half a billion dollars for the turkeys, chickens and egg-laying hens they were forced to kill after the flu strain, H5N1, was detected on their farms.

Officials say the compensation program is aimed at encouraging farms to report outbreaks quickly. That’s because the government pays for birds killed through culling, not those that die from the disease. Early reporting, the agency says, helps to limit the virus’s spread to nearby farms.

Among the biggest recipients of the agency’s bird flu indemnification funds from 2022 to this year were Jennie-O Turkey Store, which received more than $88 million, and Tyson Foods, which was paid nearly $30 million. Despite their losses, the two companies reported billions of dollars in profits last year. Overall, a vast majority of the government payments went to the country’s largest food companies — not entirely surprising given corporate America’s dominance of meat and egg production.

(snip)


The government does reimburse them for the cull and the biggest corporate giants like Perdue get top reimbursement based on size.

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