Thank you for the question.
We have, of course, heard about what is going on in the United States with the severe outbreak of bird flu which has required the destruction of over 44 million sick laying hens. Prices have since skyrocketed and hit record highs in the United States and are currently much higher than in Canada.
We are therefore comparing an entirely free American market, which is very concentrated and subject to extreme price fluctuations, to a very stable Canadian market based on production costs which leads to much less fluctuation on the market. The other big difference is the price of eggs. Often, we confuse the price for the consumer in the supermarket with the price paid to the producer. What American and Canadian consumers will pay is very often similar, but American producers receive much less for their product than Canadian producers.