Live data from Hacker News

Eggs are 60% more expensive than last year in the US

semafor.com

71–80 of 389 posts

Re: Eggs are 60% more expensive than last year in the US

#71
post #36

My wife has a cottage baking business and would buy 15 dozen eggs from Costco Business Center. Already high, a few months back in cost about $45 for the box. Just last week it was $110. She doesn't recall but it fairly certain the box was between $20-30 before inflation hit. However she said they had chicken legs that were .49/lb which is a great price but hard to reconcile with the narrative that avian flu is the ca…

[dead]

Re: Eggs are 60% more expensive than last year in the US

#72

Earlier quoted context omitted.

Down 0.4 - after a 3.8% rise the year previous. Not exactly the strongest counterexample I've ever seen, though (barely) technically correct. And the last deflationary "period" (a single year) before that was ... drumroll... 1949, following 3 years of >8% inflation.

It's called the ratchet effect. The government doesn't like giving your money back. That's why taxes almost never go down, either - e.g. the "temporary" income tax that only affects the richest 1% of people..

Federal Receipts as Percent of Gross Domestic Product : https://fred.stlouisfed.org/series/FYFRGDA188S

Re: Eggs are 60% more expensive than last year in the US

#74
post #13

I'm curious how Costco is weathering the storm better than others. Typically Aldi is the cheapest place for me to buy eggs, but they're almost $5 a dozen for basic eggs. I've seen even more at other grocery stores (Publix was several dollars more a dozen). The cage free eggs were $7/2 dozen ($3.50/dozen) earlier this week at Costco. I'm in the Southeastern US in a suburb of a major city.

Yea, I noticed this same thing a couple weeks ago in a relatively small Michigan college town. Used to buy eggs at Aldis for 65 cents not that long ago.

Re: Eggs are 60% more expensive than last year in the US

#76

Earlier quoted context omitted.

Why would you suspect that? It’s a commodity experiencing a supply disruption. Prices for lumber, shipping, oil etc have all already come down significantly from the peak.

Because bird flu might be a very unpredictable supply disruption.

As opposed to other, predictable supply disruptions?

Re: Eggs are 60% more expensive than last year in the US

#77

a five pound bag of flour was 9 dollars in the store last week.

Yeah, it's not just eggs. My grocery bill has definitely been greatly outpacing the official inflation figures, which are already high. Double or triple that rate, I'd say.

How could we tell if the published inflation rate was just completely bullshit?

Re: Eggs are 60% more expensive than last year in the US

#78
post #29

It would be nice to see more people allowed to keep backyard chickens (hens at least, since roosters can be noisy). Since getting some at our place I’ve been surprised how fun they are to have around and easy to care for. Our compost from the kitchen goes to them too, which could help people divert scraps from the landfill or from being picked up (big gas usage) for municipal composting. Their waste is also great fer…

I've been sitting on an acre in a city that allows backyard chickens, thinking about it but doing nothing. I think this is the catalyst I need to get started on a coop. If anyone has any plans or pointers for a coop, or raising chickens in the SW, would be much appreciated.

You really don’t need much for a coop at all. When we bought our property it had a tool shed that we converted and it turned out to be way too big for our flock of 12. You could honestly use a large dog house. There are lots of plans online and Reddit has a very good chicken community with answers to any questions you might have.

All that to say: the minimum threshold for starting backyard chicken keeping is very low. I’d recommend jumping in as cheap as possible and upgrading later if you find you enjoy it.

Re: Eggs are 60% more expensive than last year in the US

#79
post #29

It would be nice to see more people allowed to keep backyard chickens (hens at least, since roosters can be noisy). Since getting some at our place I’ve been surprised how fun they are to have around and easy to care for. Our compost from the kitchen goes to them too, which could help people divert scraps from the landfill or from being picked up (big gas usage) for municipal composting. Their waste is also great fer…

You can lay eggs without a rooster, but if you do, one of the hens will become dominant and needlessly bully the other hens. This will stress them out and you’ll get health issues in your hens.

Source: I come from a farming family.

Re: Eggs are 60% more expensive than last year in the US

#80

Lydon Johnson had an answer (via George Will): In 1966, the price of eggs rose to a level that President Lyndon Johnson judged, God knows how, was too high. There were two culprits – supply and demand – and Johnson’s agriculture secretary told him there was not much that could be done. LBJ, however, was a can-do fellow who directed the US surgeon general to dampen demand by warning the nation about the hazards of cho…

Some spine on that guy. Why wouldn't you resign under that kind of directive? How can that possibly lead to a better outcome for the administration unless the outcome they wanted was for eggs to be cheaper for people who don't believe or listen to US surgeon general. I guess this was the President who took open door shits in front of staff and colleagues so I'm not sure its unexpected.
Post reply on HN