NEW YORK (Real Money) -- Suppliers of U.S.-bred poultry are in crisis mode as the U.S. Department of Agriculture continues to receive reports of avian influenza outbreaks, primarily from farms in the Midwest. The price of eggs from commercial farms has shot up by more than 250% since April in certain places.
Avian influenza, also known as the bird flu, affects wild birds, including ducks and seagulls, as well as livestock raised for food supplies such as chickens, turkeys, ducks and geese. It spreads among flocks when healthy birds come in contact with sick birds, as well as through contact with contaminated farming equipment and other materials. The virus is transmitted through bird feces and secretions from the nose, mouth and eyes. It's also found on outer surfaces of eggshells from infected birds.
According to the Centers for Disease Control and Prevention, the H5 bird flu, the variety causing the outbreak, has not been detected in humans and currently poses a low threat to the public -- unless you count their wallets and purses.
Farms in Iowa, Minnesota, Idaho, Nebraska, South Dakota, North Dakota, Indiana, Wisconsin, Kansas, Oregon, Missouri, Washington and California have been affected by the outbreak that began at the end of December. According to Secretary of Agriculture Tom Vilsack, roughly 220 or so facilities that have been affected with some 47 million birds -- turkeys, chickens, laying hens -- affected. That's about 10% of the laying hens in the country, roughly 7%-8% of the turkey population. Those figures are sharply higher than the 187 outbreaks and nearly 42.2 million birds affected by the avian flu as of May 27, according to the U.S. Department of Agriculture.