Summary
Major egg corporations may be using avian flu as a ruse to hike up prices, generating record profits while hurting American consumers, new research suggests.
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Egg prices soared to nearly $5 a dozen, rising 157% since before the avian flu outbreak, despite only a 9% drop in laying hens.
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Cal-Maine, controlling 20% of the US market, saw a sevenfold profit increase in 2023 compared to 2021.
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Over 166 million poultry have been culled, but critics say consolidation and slow flock replacement may inflate prices beyond the virus’s 12-24% direct cost.
Lawmakers urge investigations, while the Trump administration plans vaccines, reduced culling, and a $1bn avian flu fund to help stabilize costs.
Shocked Pikachu face.
Too bad price gouging isn’t prosecuted anymore.
What, price gouging, on eggs? What will they think of next, toilet paper? No wait, I bet they haven’t thought of making the package look the same, but put less product in it and charging the same? No wait, what if they changed the package and put less in it and charged more?
Nah … that will never work.
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For shits and giggles, check out the dimensions of a sheet.
Nice, Shits and giggles
Toilet paper math is the worst math.
I’ve noticed that 2x rolls of toilet paper usually have the most sheets per roll. 3x rolls tend to lean in to the fact that they are 3 play and use a standard 1 ply roll as their base point so they have the same sheet count. 2x rolls seem to use a standard 2 ply roll as their base so the standard roll is the same sheet count as a 1 ply roll but actually has close to double the sheet count of the 3x rolls. It’s weird.
I usually look at square feet.
Wow, this is truly unprecedented. We haven’t ever seen anything like this before!
Shocking I tell you. Shocking. 😮
How can a country be in such a hysteria over egg prices? Don’t they have anything to eat but eggs?
The only time i hear about egg prices is on the internet and now it’s a rebuttal of all the trump propaganda that was used against Biden
Don’t be dense.
It’s a symptom of an overall problem.
They were caught doing it the last time bird flu was a thing. Trump then fired the people who caught them, so, good luck
Don’t worry everyone, the Consumer Protection Agency will take care of…
Oh, nvmd.
This is why I refuse to buy eggs until prices go down to normal. I’m not going to reward them for taking advantage.
$5?! Where?! They’re $9.99 here in Los Angeles. :(
For real, Seattle is like this too. We’re going to be paying $1/egg soon!
6.79 out here in rural nebraska, they were 3.50 a month ago
Same in solidly red Bible belt area I live in. $21 for 30.
$16.49 in Brooklyn yesterday
It’s a free market!!!
Supply is dropping and they are raising prices to what people will pay. This is how its always worked, you just had more supply prior to the bird flu, and now production will increase to capture the rising prices.
Its like these articles just found out about supply and demand.
They’re $11 in southern California.
I saw $10 at my regular store in Ohio last week. The same was $2 three years ago. That wasn’t even good “free range” eggs although I don’t believe that marketing. Backyard chickens are where it is at.
$11 in Western WA state too.
Somewhere out there must still be super cheap to be pushing the average down to five
You can probably get the cheapest, 5 birds per cage, hormone fed eggs for somewhere around that price. A lot of states have standards that don’t allow those eggs to be sold, though. Here in WA, for example, there are regulations around the treatment of chickens that raise the average price. I can’t find eggs for less than about $7 per dozen right now.
No I can’t. That’s why I said it. Cheapest eggs in my area are $6 now.
Somewhere. Not where you are. Read what I wrote, maybe?
Capitalism functioning as expected. Shocking.
Shocked Pikachu face.
