Summary
Egg producers blame the bird flu outbreak for record-high prices, but critics argue dominant companies are exploiting supply shortages to boost profits.
With over 166 million birds culled and egg layers significantly reduced, prices surged from under $2 to nearly $5 per dozen.
Egg supply is down only 4% from last year, yet profits have surged. Cal-Maine Foods, supplying 20% of U.S. eggs, reported a $219 million profit in the last quarter, compared to just $1.2 million before the outbreak, a 18,150% increase.
Lawmakers and advocacy groups are calling for a government investigation into potential monopolistic practices.
There is absolutely no real proof of this.
But the answer is yes.
Its called supply and demand. There are less eggs… so they cost more. Lol.
Simply don’t eat eggs smh my head
Yeah poor people just buy better food. Fucking idiots.
Meat’s a lot more expensive than plants lmao
Again? Probably.
Are
eggproducers inflating pricesduring the bird flu outbreakto boost profits?Yes
Oh no, when supply dwindles and the demand keeps up or increases, prices increase as well
As economic and market analysis predict it!
Color me surprised
Do you have short term memory loss? They literally did the same thing in 2023.
This site is worse than reddit for hive mind
It wouldn’t surprise me if they were increasing prices not to take profits and keep them, but to increase profits and purchase politicians. You know… exactly like what’s been happening with this most recent “inflation,” we’ve had.
Just a reminder that a scant couple years ago, egg prices skyrocketed under claims of inflation…and were cut in half almost overnight when Harris threatened RICO investigations.
Which also had supermarkets like Kroger coming forward to admit to gouging (to prevent investigations into other shit they were doing)
A DIY chicken coop is starting to look like a goldmine. It would pay for itself in a month or two. If you can repurpose some skids / pallets you can build one really cheap. Chicken feed doesn’t cost much.
I have experience with backyard chickens. Its a wonderful experience, chickens are surprisingly cool critters. And you will get the best eggs you’ve ever had. But you won’t be saving any money lol. Still worth it.
at this point you actually probably will unless feed prices have really gone up that high.
It entirely depends on your infrastructure. I was house sitting a large estate once that basically had 0 upkeep costs for their chicken as they’d go and find most of their own food and there were no natural predators nearby. It was literally free eggs sort of deal.
People who have rice fields for example have 0 upkeep ducks that just go to the field and eat all of the critters there so not only you get free eggs and duck your rice maintenance is easier!
Every person I’ve ever talked to who’s done this has said they regretted it.
Chickens are notoriously delicate.
Most people who think on doing this and succeed really love chickens and have a good way with understanding animals and the value of a life. It’s not for everyone
In Trump’s America, that’s entirely plausible.
Narrator: “they are”
Yes. Next question.
yes
They were told they are supposed to do it. Anyone who complains should be shown MAGAs support for it all the way through.
If true, Republicans also voted for it.
That is what zero regulations and zero enforcement gets you which is exactly what Trump embodies when gutting regulations and federal funding and jobs for enforcement agencies.
Nah, it’s the chickens holding the eggs hostage while they demand equal rights and better pay.
If you want to tell, look at the stock on the shelves.
If the shelves are full of eggs they’ve inflated the prices.
There should be a supply and demand problem for prices to raise organically.
