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An investigation into egg prices

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101–110 of 182 posts

Re: An investigation into egg prices

#101

Egg prices are high compared to what they used to cost but still under $1.00 for a two-egg meal. There's not a protein source that's much cheaper, I think the egg producers are exploiting a certain inelasticity of demand. People don't like the price increases but eggs are still very cheap food.

How is it under $1.00 for a two-egg meal when I'm lucky to find them even at $6.00/dozen?

Re: An investigation into egg prices

#102
A local discount grocery chain near me hasn't had shortages nor have they inflated prices. Store brand eggs are $6 for 18. This is in an area where groceries are normally quite expensive.

Naturally they could have it be a loss leader, but then I would expect them to be curtailing quantities. The shelves are fully stocked every time I'm there.

The other chains, all more expensive, have half or third stocked shelves and a dozen eggs is $7-8 and up.

The egg "shortage" is manufactured bullshit. There's only a handful of major egg producers and they're clearly in collusion.

Just like the shortages that supposedly lasted a while during the pandemic; CEOs were bragging on earnings that they had raised prices more than their costs went up, and they kept them high after costs dropped - they decided to keep them high because people would pay that.

Apparently they don't care that a lot of things folks in poverty / low income buy...aren't discretionary spending.

Re: An investigation into egg prices

#103
post #94
post #52

I went to the trouble of finding monthly egg production totals for the US based on "NASS quick stats." https://quickstats.nass.usda.gov/results/80AF9DAE-99AE-31D0-... Hopefully yall can make heads or tails of the data. The querying tool is also linked at https://quickstats.nass.usda.gov/#80AF9DAE-99AE-31D0-8F1C-EC...

Here's a chart of the egg production from the data you found (Jan 2013 to Jan 2025). [1] Added 2nd, 3rd, and 4th order curve fits to give an idea of the general trends in production. [1] https://i.imgur.com/OikRTHL.png

This seems to align with the article. The article states 3 to 5 percent decline after 2021. I see about the same in this graph.

Re: An investigation into egg prices

#104
post #11

Earlier quoted context omitted.

It does make me wonder what it will take to have a government with an appetite for trust busting again.

Vance was pretty anti-trust, but seemingly more against big tech?

Vance is in bed with thiel he is explicitly allied with big tech

Re: An investigation into egg prices

#105

Harris and Walz campaigned specifically on addressing the issues raised by this article. People didn't care if they even understood. We have someone that's implementing a kleptocracy instead. This is not getting solved for at least a decade, probably 50+ years before another regime change occurs.

Sir, Harris did nothing about high egg prices when she was in office. Neither did Biden. They presided over some of the highest inflation in American history. Whether it was their fault or not they didn't do a damn thing to fix it. What is Trump doing? Promoting imports of cheaper eggs from abroad, if nothing else. He is the first politician this century to make a big deal out of balancing the budget and our imports/…

Biden and harris didn't do anything to stop inflation? They passed multiple bills explicitly targeting it.You do know we are handling inflation better than others specifically because Biden focused on it right?

Re: An investigation into egg prices

#106
post #100

It sounds like it may be the result of standard corporate business practices. Lower prices, take on debt if necessary, until smaller players cannot compete, buy them all up for cheap, then once most of the smaller competitors are out of business (bought out or bankrupt), start pumping up the prices again and use the proceeds to pay off debts. Insiders can dump stocks based on record profit valuations.

> start pumping up the prices again what stops new entrants from reaping this price rise? Your monopoly would have to prevent new entrants from even starting. That would be where monopoly laws come into effect.

They can, and the incentive is there but re-entering the market by starting from scratch is tough and takes time. They have to get the land, build the barns/hangars to keep the chickens, apply for licenses, buy equipment, find chicken feed distributors, find customers, etc... Then who knows, maybe by the time they're set up again and just starting to become profitable after a few years, the big corporation who control the egg market will pull the plug and send prices diving again... Pushing all the new entrants to bankruptcy then again the big corporation will be buying up their assets for cheap using cheap debt... Keep repeating over and over, just lobby politicians to add more red tape to control how long it takes to set up a business... That way the big corporation has a certain time window during which they can accumulate massive profits which they can later use to buy up competitors... They also use the interest rates to time everything. Take out a loan to buy businesses when interest rates are at their peak then ride the interest rates on the way down as you refinance and pay off your loans and watch your margins soar... All while your competitors are scrambling to try to take advantage of the high prices and spending tons of money setting up businesses which will belong to you in a few years' time.

Re: An investigation into egg prices

#107

Earlier quoted context omitted.

> What are you gonna do about it? Substitute tofu?

Even at $6.50/dozen, eggs are cheaper than tofu, which is $3 for 14 oz where I'm at.

Cottage cheese has 2.5x the protein content of eggs, and is currently cheaper. Or you can mix the two for the same taste but cost savings.

Re: An investigation into egg prices

#108
post #93
post #79

Earlier quoted context omitted.

A lot of Americans live in houses and neighborhoods where keeping chickens is simply not allowed. Source: just got done cutting some pine trees on a hill behind my house because we got a notice. They will absolutely throw a fit, if we kept chickens

Every state has right-to-farm laws. Most only protect commercial farming, but not all and sometimes the definition of commercial is rather loose, so it might be worth looking into.

But those are often trumped by county or municipal laws. e.g. Most urban/suburban parts of California either restrict or require permits to raise backyard chickens (also, predators are a huge problem):

https://www.omlet.us/guide/chickens/laws_about_keeping_chick...

https://www.quora.com/Are-backyard-chickens-legal-in-Califor...

(Palo Alto: Up to six hens. Mountain View: Up to four hens. Los Altos: One hen per 1000 sq feet, no permit required. Sunnyvale: Zoning laws apply. Santa Clara: zoning restrictions apply. San Jose: Up to six without a permit, up to 20 with a permit. San Mateo: Up to 10 birds, depending on plot size, with a minimum plot requirement of 2500 sq feet (excludes most people). No permit required. San Francisco: Up to four, roosters allowed, no permit required. Oakland: No number restrictions, no permit required. Berkeley: No number restrictions, no permit required, roosters allowed. Anarchy!)

What we need roundabout now is a webcam campaign/tutorial on legal backyard chicken raising...

Re: An investigation into egg prices

#109

Earlier quoted context omitted.

> What are you gonna do about it? Substitute tofu?

Even at $6.50/dozen, eggs are cheaper than tofu, which is $3 for 14 oz where I'm at.

Get some dried lentils.

They last a long time, are cheap as shit, and extremely healthy with the lowest dollar per gram of protein and couple it with a bunch of fiber and whole host of beneficial micronutrients.

Re: An investigation into egg prices

#110
post #107

Earlier quoted context omitted.

Even at $6.50/dozen, eggs are cheaper than tofu, which is $3 for 14 oz where I'm at.

Cottage cheese has 2.5x the protein content of eggs, and is currently cheaper. Or you can mix the two for the same taste but cost savings.

Cottage cheese is a terrible idea with bird flu floating around in dairy, complete chaos in the systems that are supposed to inspect these supply chains, and voluntary testing requirements that meant even when the inspection systems were not chaotic they were way behind the 8 ball.

And for obvious reasons, bird flu infecting mammals is likely to be a greater risk to humans than that present in birds.

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