Egg prices rising partly the fault of corporations: Report

(NewsNation) — Egg shortages and high prices have largely been blamed on an outbreak of bird flu, but a new watchdog report says companies are creating the crisis by price gouging their customers.

According to data from the United States Department of Agriculture, the price of eggs has nearly doubled in the last six weeks, with the average cost of a dozen at around $8.

Bird flu has “slightly reduced” egg production, but “corporate greed has also played a major role,” a report from Food and Water Watch published Wednesday said.

What does this report claim about egg prices?

According to the report, about 10 companies control the vast majority of the eggs produced in America, and they dictate egg prices whether there’s a bird flu outbreak or not.

One of these companies, the Mississippi-based Cal-Maine Foods, increased their profits by 7 1/2 times over the first year of the bird flu outbreak despite not having outbreaks in their own flocks that fiscal year, Food and Water Watch found. During that fiscal year, from June 2022 through May 2023, Cal-Maine sold 7% more eggs than FY2021.
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13 Comments on Egg prices rising partly the fault of corporations: Report

  1. ” Food and Water Watch”? But if you scroll just a very short distance down you find this: “American Egg Board President Emily Metz said prices have nothing to do with anything other than bird flu.”

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  2. Remember those stickers that people were sticking on gas pumps when gas was sky high. Biden pointing his finger and the caption read “I did that”. Well libtards, the original thinkers that they are, have come up with a sticker of Trump, same caption. I saw some wimp of a man sticking one in the egg section at our local Safeway. He was trying to be real sneaky about it, but I busted him bigger than shit. So I asked the little cuck, you’re not really that stupid are you? Maybe you are. Trump’s been in office for 6 weeks, eggs have been sky high for at least three years and your dumb enough to blame this on Trump? You are a moron. I ripped the tag off and he split. Didn’t say jack shit. They’re in the process of making shit up to blame Trump for.

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  3. Trader Joe’s has a dozen eggs both white or brown eggs for $3.49 a dozen. You can only buy one dozen a day but TJ’s has the cheapest price on eggs right now. My local Winco sells them for nearly 6 dollars a dozen and almost 10 dollars for a second dozen which is a total ripoff. My border collie Kirby and I go thru a dozen hard boiled eggs a week. I don’t know how TJ’s does it but I’m not complaining about their egg prices. Easter eggs this year are going to be very expensive if this keeps up.

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  4. That fvck-tard Biden destroyed 100 million egg laying chickens. There are 2 types of chickens, Broilers or Layers. Layers have eggs and broilers are for eating. Yes, egg prices have increased because when you destroy the egg layer colony you don’t get eggs. Broilers have not been destroyed, that is why chicken prices have not increased but eggs have skyrocketed. There are dozens of strains of chickens out there. F.Y.I. If you have White colored hens you get white eggs, if you have Brown or any dark colored chickens, you get brown eggs. No difference between them except the color of the shell. Major corps recognize this and take advantage of the consumer telling you it’s Trump’s fault. I guess when you have a country of illiterate dumb-asses you blame everyone except the person you voted for.
    Quit blaming Trump, It’s Biden’s fault

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  5. Cal-Maine chicken stocks didn’t suffer a bird flu outbreak but their competition did and their sales grew (as economically expected). So is that greed or market forces?

  6. I know numerous families that have chickens and they’ve had no issues other than low productivity during the cold months.
    I think it was overreactive scientists with to much power in their hands.

    I recall other so called scientists lately doing similar things.

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  7. A dozen eggs are $5 a dozen. Live where they are produced. The Claxton Farms hatchery is in my town. The Claxton chicken processing is in he next town over. The egg processing plant is in the town in the other direction.

  8. The Dept. of Agriculture’s draconian culling rules is the cause of the egg shortage. The Bird Flu did not kill millions of egg-laying chickens. Their owners were forced to to cull the entire flock, when the flu was detected. In modern industrialized agriculture, this can involve the culling of tens of millions of birds in a very short period of time. (Most articles and reports do not delineate between those birds dying of flu and those culled.)

    One of the first responses to this most recent outbreak of bird flu should have been mandating that flocks be severely limited in size and physically isolated from each other, in order to reduce culling numbers.

    As to the price gouging, that is also on the Biden administration. Businesses will inflate prices during any crisis…when they are allowed to. In a crisis such as this, the Federal government is expected to step in and moderate pricing. While some increase should be expected, due to the impact on flocks, a reasonable increase should be negotiated and financial assistance given to those most impacted.

    Not mentioned in the article was the spread of the bird flu to cattle. I suspect that this cross contamination was likely due to the carcasses of culled flocks, along with the litter and feathers, being processed into cattle feed. This has been standard, and lightly regulated (if at all), practice in the US for decades.

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