Mexico has the highest per capita consumption of eggs in the world at 50 pounds (or 400 eggs) per person per year (2011). In June of this year an outbreak of AH7N3 avian flu cause the culling of 11 million chickens to prevent its spreading. This combined with high chicken feed costs and price gouging has left Mexico in the midst of an egg crisis. The price of eggs has doubled this summer from 20 pesos to 40 pesos ($1.50-$3.00) per kilo (approximately 16 eggs to the kilo). To attempt to stabilize the market, Mexico’s government has suspended tariffs on egg imports, announced $230 million in emergency financing to re-establish production, and is investigating allegations of price gouging.
