US is on Egg Hunt in Europe to Ease Prices at Home

A farmer displays eggs from his chickens in Wehrheim near Frankfurt, Germany, Wednesday, March 26, 2025. (AP Photo/Michael Probst)
A farmer displays eggs from his chickens in Wehrheim near Frankfurt, Germany, Wednesday, March 26, 2025. (AP Photo/Michael Probst)
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US is on Egg Hunt in Europe to Ease Prices at Home

A farmer displays eggs from his chickens in Wehrheim near Frankfurt, Germany, Wednesday, March 26, 2025. (AP Photo/Michael Probst)
A farmer displays eggs from his chickens in Wehrheim near Frankfurt, Germany, Wednesday, March 26, 2025. (AP Photo/Michael Probst)

The US government is on a global egg hunt, seeking exports from countries in Europe and elsewhere to ease a severe shortage that has caused egg prices at grocery stores to hit record highs.
Germany, Italy, Poland and Sweden are among the nations the US Department of Agriculture approached to address the shortage brought on by a bird flu outbreak, according to European industry groups.
But supplying Americans with eggs would be complicated for foreign producers — and not because of political tensions over the myriad import tariffs President Donald Trump has imposed or threatened to impose on his nation's top trading partners.
Even if they were eager to share, European countries don’t have many surplus eggs because of their own avian flu outbreaks and the growing domestic demand ahead of Easter, The Associated Press reported.
One of the biggest obstacles, however, is the approach the United States takes to preventing salmonella contamination. US food safety regulations require fresh eggs to be sanitized and refrigerated before they reach shoppers; in the European Union, safety standards call for Grade A eggs to be sold unwashed and without extended chilling.
“These are two systems that could not be more different,” said Hans-Peter Goldnick, the president of the German Egg Association.
It is common in parts of Europe, for example, for consumers to buy eggs that still have feathers and chicken poop stuck to them.
Farmer David Karlsch described the simple process that gets eggs from hens to customers of the family-owned Saballus poultry farm in Schoeneiche, a town just outside Germany’s capital: The eggs are taken from nests, placed into cartons and sold on the premises or from a refrigerated vending machine just outside the property.
“The demand at Easter time is of course very, very high, as many children naturally want to paint eggs,” Karlsch said.
Poland, a major egg exporter, fielded a US query about the availability of eggs, according to Katarzyna Gawrońska, director of the National Chamber of Poultry and Feed Producers. The issue of washed vs. unwashed was a major factor as European officials considered such requests, she said.
Eggs are not cleaned in most of the 27 EU member nations because of concerns that removing the natural protective coating from eggshells makes them more vulnerable to bacteria, Gawrońska said.
Polish veterinary officials are trying to determine if the country and its farmers can meet US requirements, such as whether the exporting country has a comparable food safety inspection system or a significant bird flu outbreak.
Powdered egg products Although European Union regulations state that table eggs “shall not be washed or cleaned,” member countries have some leeway if they authorized egg baths at packing plants decades ago.
Danish Egg Association CEO Jørgen Nyberg Larsen said national customs are part of it; washed eggs are the norm in Sweden, for example. But Sweden and Norway have informed the US they don't have extra eggs to export, Larsen said.
For now, any increased US egg imports from Europe are more likely to arrive in powdered form or other products that can be shipped frozen or dried, Larsen said.
That's the response Poland's trade association gave US officials. If the US certifies Poland as a source, the organization's members would have a limited number of shell eggs to sell but could supply “very large volumes of egg processing products,” Gawrońska said.
Processed eggs usually are pasteurized to prevent foodborne illnesses and then used in food manufacturing or by restaurants, hospitals and nursing homes, according to the US Department of Agriculture.
Baked goods, pasta and sauces like mayonnaise are some of the commercial products made with egg powder.
US officials also tried to sound out farmers in northern Italy's Veneto region for emergency egg supplies, according to Coldiretti, the main Italian agricultural lobbying organization.
But Italy only produces enough eggs to cover the national demand so most of the region's producers said they could not help. Bird flu outbreaks since the start of last year also have taken a toll on the Italian poultry industry.
Germany cannot contribute much either. Its domestic poultry industry generates about 73% of the eggs consumed in the country, “and we ourselves essentially have to import eggs from Holland every day to keep everyone satisfied," the German Egg Association’s Goldnick said.
“We have around 45 million eggs that we can collect from the chicken coops every day, and in America, there’s a shortage of around 50 million eggs a day. That shows how difficult it is,” he said.
Other countries the US government contacted include Austria, Norway, Spain and Denmark. The US Department of Agriculture said it secured new egg commitments from Türkiye and South Korea in recent months, although it did not specify the amount or type.
Imports of liquid, frozen and dried eggs may help free up some domestic shell eggs for consumers, but the US made its appeal for foreign eggs amid a significant deficit; last month, the country produced 720 million fewer table eggs than in February 2024, a decline of nearly 10%.
The US also cut its own egg exports to boost supplies at home, the Agriculture Department said.
While the informal trade talks continue, the US market has shown signs of improvement. It’s been nearly a month since a major bird flu outbreak impacted egg-laying hens, the department said. It reported the national wholesale price for large eggs dropped to $3.27 per dozen as of March 21, or less than half its peak of $8.15 per dozen on Feb. 21.
US consumers are just starting to see those falling wholesale prices translate to lower prices on grocery shelves, the department said. The big demand for eggs that usually accompanies Easter and Passover could cause prices to edge up again next month.



Saudi Arabia, Syria Sign Joint Airline and Telecoms Deals

Officials pose after signing a framework agreement for developmental cooperation and the launch of 45 development initiatives between the Syrian Development Fund and Saudi Arabia's Development Committee at the People's Palace in Damascus, Syria, Saturday, Feb. 7, 2026. (AP)
Officials pose after signing a framework agreement for developmental cooperation and the launch of 45 development initiatives between the Syrian Development Fund and Saudi Arabia's Development Committee at the People's Palace in Damascus, Syria, Saturday, Feb. 7, 2026. (AP)
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Saudi Arabia, Syria Sign Joint Airline and Telecoms Deals

Officials pose after signing a framework agreement for developmental cooperation and the launch of 45 development initiatives between the Syrian Development Fund and Saudi Arabia's Development Committee at the People's Palace in Damascus, Syria, Saturday, Feb. 7, 2026. (AP)
Officials pose after signing a framework agreement for developmental cooperation and the launch of 45 development initiatives between the Syrian Development Fund and Saudi Arabia's Development Committee at the People's Palace in Damascus, Syria, Saturday, Feb. 7, 2026. (AP)

Syria and Saudi Arabia signed deals Saturday that include a joint airline and a $1-billion project to develop telecommunications, officials said, as Syria seeks to rebuild after years of war.

The new authorities in Damascus have worked to attract investment and have signed major agreements with several companies and governments.

Syrian Investment Authority chief Talal al-Hilali announced a series of deals including "a low-cost Syrian-Saudi airline aimed at strengthening regional and international air links".

The agreement also includes the development of a new international airport in the northern city of Aleppo, and redeveloping the existing facility.

Hilali also announced an agreement for a project called SilkLink to develop Syria's "telecommunications infrastructure and digital connectivity".

Syrian Telecommunications Minister Abdulsalam Haykal told the signing ceremony that the project would be implemented "with an investment of around $1 billion".

For decades, Syria was unable to secure significant investments because of Assad-era sanctions.

But the United States fully removed its remaining sanctions on Damascus late last year, paving the way for the full return of investments.

Syria and Saudi Arabia also inked an agreement on water desalination and development cooperation on Saturday.

At the ceremony, Saudi Investment Minister Khalid Al-Falih announced the launch of an investment fund for "major projects in Syria with the participation of the (Saudi) private sector".

The deals are part of "building a strategic partnership" between the two countries, he said.

Syria's Hilali said the agreements targeted "vital sectors that impact people's lives and form essential pillars for rebuilding the Syrian economy".

Syria has begun the mammoth task of trying to rebuild its shattered infrastructure and economy.

In July last year, Riyadh signed investment and partnership deals with Damascus valued at $6.4 billion to help rebuild the country's infrastructure, telecommunications and other major sectors.

A month later, Syria signed agreements worth more than $14 billion, including investments in Damascus airport and other transport and real estate projects.

This week, Syria signed a preliminary deal with US energy giant Chevron and Qatari firm Power International to explore for oil and gas offshore.


India’s Modi Lauds Interim Trade Pact After US Tariff Rollback

Indian Prime Minister Narendra Modi addresses the media before the budget session of Parliament at Parliament House in New Delhi, India, 29 January 2026. (EPA)
Indian Prime Minister Narendra Modi addresses the media before the budget session of Parliament at Parliament House in New Delhi, India, 29 January 2026. (EPA)
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India’s Modi Lauds Interim Trade Pact After US Tariff Rollback

Indian Prime Minister Narendra Modi addresses the media before the budget session of Parliament at Parliament House in New Delhi, India, 29 January 2026. (EPA)
Indian Prime Minister Narendra Modi addresses the media before the budget session of Parliament at Parliament House in New Delhi, India, 29 January 2026. (EPA)

Indian Prime Minister Narendra Modi on Saturday hailed an interim trade agreement with the United States, saying it would bolster global growth and deepen economic ties between the two countries.

The pact cuts US "reciprocal" duties on Indian products to 18 percent from 25 percent, and commits India to large purchases of US energy and industrial goods.

US President Donald Trump, while announcing the deal Tuesday, had said Modi promised to stop buying Russian oil over the war in Ukraine.

The deal eases months of tensions over India's oil purchases -- which Washington says fund a conflict it is trying to end -- and restores the close ties between Trump and the man he describes as "one of my greatest friends."

"Great news for India and USA!" Modi said on X on Saturday, praising US President Donald Trump's "personal commitment" to strengthening bilateral ties.

The agreement, he said, reflected "the growing depth, trust and dynamism" of their partnership.

Modi's remarks came hours after Trump issued an executive order scrapping an additional 25 percent levy imposed over New Delhi's purchases of Russian oil, in a step to implement the trade deal announced this week.

Modi, who has faced criticism at home about opening access of Indian agricultural markets to the United States and terms on oil imports, did not mention Russian oil in his statement.

"This framework will also strengthen resilient and trusted supply chains and contribute to global growth," he said.

It would also create fresh opportunities for Indian farmers, entrepreneurs and fishermen under the "Make in India" initiative.

In a separate statement, Commerce Minister Piyush Goyal said the pact would "open a $30 trillion market for Indian exporters".

Goyal also said the deal protects India's sensitive agricultural and dairy products, including maize, wheat, rice, soya, poultry and milk.

Other terms of the agreement include the removal of tariffs on certain aircraft and parts, according to a separate joint statement released Friday by the White House.

The statement added that India intends to purchase $500 billion of US energy products, aircraft and parts, precious metals, tech products and coking coal over the next five years.

The shift marks a significant reduction in US tariffs on Indian products, down from a rate of 50 percent late last year.

Washington and New Delhi are expected to sign a formal trade deal in March.


Gold Bounces Back on Softer Dollar, US-Iran Concerns; Silver Rebounds

Gold and silver bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, January 10, 2025. REUTERS/Angelika Warmuth
Gold and silver bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, January 10, 2025. REUTERS/Angelika Warmuth
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Gold Bounces Back on Softer Dollar, US-Iran Concerns; Silver Rebounds

Gold and silver bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, January 10, 2025. REUTERS/Angelika Warmuth
Gold and silver bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, January 10, 2025. REUTERS/Angelika Warmuth

Gold rebounded on Friday and was set for a weekly gain, helped by bargain hunting, a slightly weaker dollar and lingering concerns over US-Iran talks in Oman, while silver recovered from a 1-1/2-month low.

Spot gold rose 3.1% to $4,916.98 per ounce by 09:31 a.m. ET (1431 GMT), recouping losses posted during a volatile Asia session that followed a fall of 3.9% on Thursday. Bullion was headed for a weekly gain of about 1.3%.

US gold futures for April delivery gained 1% to $4,939.70 per ounce.

The US dollar index fell 0.3%, making greenback-priced bullion cheaper for the overseas buyers.

"The gold market is seeing perceived bargain hunting from bullish traders," said Jim Wyckoff, senior analyst at Kitco Metals.

Iran and the US started high-stakes negotiations via Omani mediation on Friday to try to overcome sharp differences over Tehran's nuclear program.

Wyckoff said gold's rebound lacks momentum and the metal is unlikely to break records without a major geopolitical trigger.

Gold, a traditional safe haven, does well in times of geopolitical and economic uncertainty.

Spot silver rose 5.3% to $74.98 an ounce after dipping below $65 earlier, but was still headed for its biggest weekly drop since 2011, down over 10.6%, following steep losses last week as well.

"What we're seeing in silver is huge speculation on the long side," said Wyckoff, adding that after years in a boom cycle, gold and silver now appear to be entering a typical commodity bust phase.

CME Group raised margin requirements for gold and silver futures for a third time in two weeks on Thursday to curb risks from heightened market volatility.

Spot platinum added 3.2% to $2,052 per ounce, while palladium gained 4.9% to $1,695.18. Both were down for the week.