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.
Are
eggproducers inflating pricesduring the bird flu outbreakto boost profits?Yes
Yes
It’s capitalism, baby!
Im not sure its the producers that inflate it. Its usually those between producer and consumer
It’s not capitalism, baby?
Maybe it’s Maybelline
A rare inversion of Betteridge’s law of headlines is “whenever someone questions whether or not the rich and powerful are exploiting everyone, the answer is yes”
There is absolutely no real proof of this.
But the answer is yes.
In Trump’s America, that’s entirely plausible.
Again? Probably.
They did last time.
Yeah people act like this hasn’t been going on for years at this point.
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)
People have to understand that if the price is too high, they can just not buy it.
It is as simple as that. As long as you buy, it is not too expensive. Just stop eating eggs.
What you’re saying is true in fact, but I feel like you’re letting the price gougers off the hook a little. Eggs are popular because they’re versatile, nutritionally dense and traditionally cheap. Eggs are almost the best breakfast kids can have before school because they help with focus and keep them full. There really isn’t a replacement at the same price point. I don’t think we should expect them to be so cheap that we rely on animal cruelty, but they shouldn’t be a luxury item either.
EDIT: to clarify, it’s the protein and fat that help with focus and fullness, not eggs specifically.
Yes, eggs are very good nutritionwise. But deseases like mentioned in the post (those greedy company owners) should steer people away from it. Somehow it doesn’t and people keep buying it.
I’d prefer oats + (soy) yoghurt (skyr) + fruits
Cottage cheese is a delicious replacement. Tons of fat and protein. It takes seasonings very well, and/or you can add just about anything to it.
I was just briefly fact checking myself and apparently it can even replace eggs in some kind of baking! That’s cool.
I like it many ways but with nuts added, a bit of hot sauce, and whatever seasoning is a great go to. I forgot how much I loved it until a couple months ago.
And people have to understand that Marie Antoinette said the same line and it started the french revolution.
Food too expensive? Just don’t eat.
Housing too expensive? Just don’t sleep.
Haven’t bought eggs all year. Not over $4. Of course, for me, they’re just a nice treat…shoyu eggs make a great snack; egg baked on khachapuri; fried over rice. Some people, they’re a key protein, or essential to cakes & cookies. I figure, if the price is high, then leaving them on the shelf makes more available where they’re irreplaceable, but I can still feel bad for people who have to pay that price.
Who is forced to pay it? Eggs aren’t irreplacable
It’s important to remember that we can’t dictate or predict other people’s dietary restrictions. We can still feel empathy for people in a predicament due to prices
Dietary restriction? What disease mandates eating eggs?
Empathy for people for eating expensive eggs? Usually people want empathy for the animals because eating them is cruel.
One example I can think of is that it could be a safe food for someone with an eating disorder or sensory considerations.
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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.
Lawmakers and advocacy groups are calling for a government investigation into potential monopolistic practices.
lol. this government believes in free market and corporate profits. if found guilty of monopolistic practices the top execs will immediately be offered more tax breaks, handouts and/or high profile government positions
Remember 2023? Pepperidge Farm remembers.
Egg Producers Accused of Price Gouging After 718% Profit Revealed
100% they are.
I don’t know truth as I one saw YouTube Videos of grocery stores
Egg prices for a dozen… in Canada are around $4.75 (Canadian) In Mexico $53-$70 pesos… or around $2.50-$3.50 US
Edit: after quick search looks like Mexico avoided bird flu because they vaccinate their chickens… didn’t realize we are that strong against vaccination we won’t even vax the chix
The vaccination effort would increase man hour costs and the cost of the vaccines. Can’t do anything that might affect profits.
Yeah because all farm hands are American citizens that make reasonable wages right?
They voted to make sure that they all are.
Narrator: “they are”
Are capitalists being capitalist? More on that at 10.
