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.



IMF and Arab Monetary Fund Sign MoU to Enhance Cooperation

The MoU was signed by IMF Managing Director Dr. Kristalina Georgieva and AMF Director General Dr. Fahad Alturki - SPA
The MoU was signed by IMF Managing Director Dr. Kristalina Georgieva and AMF Director General Dr. Fahad Alturki - SPA
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IMF and Arab Monetary Fund Sign MoU to Enhance Cooperation

The MoU was signed by IMF Managing Director Dr. Kristalina Georgieva and AMF Director General Dr. Fahad Alturki - SPA
The MoU was signed by IMF Managing Director Dr. Kristalina Georgieva and AMF Director General Dr. Fahad Alturki - SPA

The International Monetary Fund (IMF) and the Arab Monetary Fund (AMF) signed a memorandum of understanding (MoU) on the sidelines of the AlUla Conference on Emerging Market Economies (EME) to enhance cooperation between the two institutions.

The MoU was signed by IMF Managing Director Dr. Kristalina Georgieva and AMF Director General Dr. Fahad Alturki, SPA reported.

The agreement aims to strengthen coordination in economic and financial policy areas, including surveillance and lending activities, data and analytical exchange, capacity building, and the provision of technical assistance, in support of regional financial and economic stability.

Both sides affirmed that the MoU represents an important step toward deepening their strategic partnership and strengthening the regional financial safety net, serving member countries and enhancing their ability to address economic challenges.


Saudi Chambers Federation Announces First Saudi-Kuwaiti Business Council

File photo of the Saudi flag/AAWSAT
File photo of the Saudi flag/AAWSAT
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Saudi Chambers Federation Announces First Saudi-Kuwaiti Business Council

File photo of the Saudi flag/AAWSAT
File photo of the Saudi flag/AAWSAT

The Federation of Saudi Chambers announced the formation of the first joint Saudi-Kuwaiti Business Council for its inaugural term (1447–1451 AH) and the election of Salman bin Hassan Al-Oqayel as its chairman.

Al-Oqayel said the council’s formation marks a pivotal milestone in economic relations between Saudi Arabia and Kuwait, reflecting a practical approach to enabling the business sectors in both countries to capitalize on promising investment opportunities and strengthen bilateral trade and investment partnerships, SPA reported.

He noted that trade between Saudi Arabia and Kuwait reached approximately SAR9.5 billion by the end of November 2025, including SAR8 billion in Saudi exports and SAR1.5 billion in Kuwaiti imports.


Leading Harvard Trade Economist Says Saudi Arabia Holds Key to Success in Fragmented Global Economy

Professor Pol Antràs speaks during a panel discussion at the AlUla Conference for Emerging Market Economies (Asharq Al-Awsat).
Professor Pol Antràs speaks during a panel discussion at the AlUla Conference for Emerging Market Economies (Asharq Al-Awsat).
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Leading Harvard Trade Economist Says Saudi Arabia Holds Key to Success in Fragmented Global Economy

Professor Pol Antràs speaks during a panel discussion at the AlUla Conference for Emerging Market Economies (Asharq Al-Awsat).
Professor Pol Antràs speaks during a panel discussion at the AlUla Conference for Emerging Market Economies (Asharq Al-Awsat).

Harvard University economics professor Pol Antràs said Saudi Arabia represents an exceptional model in the shifting global trade landscape, differing fundamentally from traditional emerging-market frameworks. He also stressed that globalization has not ended but has instead re-formed into what he describes as fragmented integration.

Speaking to Asharq Al-Awsat on the sidelines of the AlUla Conference for Emerging Market Economies, Antràs said Saudi Arabia’s Vision-driven structural reforms position the Kingdom to benefit from the ongoing phase of fragmented integration, adding that the country’s strategic focus on logistics transformation and artificial intelligence constitutes a key engine for sustainable growth that extends beyond the volatility of global crises.

Antràs, the Robert G. Ory Professor of Economics at Harvard University, is one of the leading contemporary theorists of international trade. His research, which reshaped understanding of global value chains, focuses on how firms organize cross-border production and how regulation and technological change influence global trade flows and corporate decision-making.

He said conventional classifications of economies often obscure important structural differences, noting that the term emerging markets groups together countries with widely divergent industrial bases. Economies that depend heavily on manufacturing exports rely critically on market access and trade integration and therefore face stronger competitive pressures from Chinese exports that are increasingly shifting toward alternative markets.

Saudi Arabia, by contrast, exports extensively while facing limited direct competition from China in its primary export commodity, a situation that creates a strategic opportunity. The current environment allows the Kingdom to obtain imports from China at lower cost and access a broader range of goods that previously flowed largely toward the United States market.

Addressing how emerging economies should respond to dumping pressures and rising competition, Antràs said countries should minimize protectionist tendencies and instead position themselves as committed participants in the multilateral trading system, allowing foreign producers to access domestic markets while encouraging domestic firms to expand internationally.

He noted that although Chinese dumping presents concerns for countries with manufacturing sectors that compete directly with Chinese production, the risk is lower for Saudi Arabia because it does not maintain a large manufacturing base that overlaps directly with Chinese exports. Lower-cost imports could benefit Saudi consumers, while targeted policy tools such as credit programs, subsidies, and support for firms seeking to redesign and upgrade business models represent more effective responses than broad protectionist measures.

Globalization has not ended

Antràs said globalization continues but through more complex structures, with trade agreements increasingly negotiated through diverse arrangements rather than relying primarily on multilateral negotiations. Trade deals will continue to be concluded, but they are likely to become more complex, with uncertainty remaining a defining feature of the global trading environment.

Interest rates and artificial intelligence

According to Antràs, high global interest rates, combined with the additional risk premiums faced by emerging markets, are constraining investment, particularly in sectors that require export financing, capital expenditure, and continuous quality upgrading.

However, he noted that elevated interest rates partly reflect expectations of stronger long-term growth driven by artificial intelligence and broader technological transformation.

He also said if those growth expectations materialize, productivity gains could enable small and medium-sized enterprises to forecast demand more accurately and identify previously untapped markets, partially offsetting the negative effects of higher borrowing costs.

Employment concerns and the role of government

The Harvard professor warned that labor markets face a dual challenge stemming from intensified Chinese export competition and accelerating job automation driven by artificial intelligence, developments that could lead to significant disruptions, particularly among younger workers. He said governments must adopt proactive strategies requiring substantial fiscal resources to mitigate near-term labor-market shocks.

According to Antràs, productivity growth remains the central condition for success: if new technologies deliver the anticipated productivity gains, governments will gain the fiscal space needed to compensate affected groups and retrain the workforce, achieving a balance between addressing short-term disruptions and investing in long-term strategic gains.