https://apnews.com/article/inflatio...eed-business-1b32cb587f20a8d44eaf707f72635e70 This should finally get more attention now.
“appears to be a collusive scheme among industry leaders to turn inflationary conditions and an avian flu outbreak into an opportunity to extract egregious profits.”
There’s a pretty simple reason for that, and it’s high pathogenic avian influenza, bird flu,” said David Anderson, a professor and extension economist for Texas A&M University in College Station. This has been caused by a variant of bird flu that has killed tens of millions of the animals since the summer. For some scale, that represents around 29 percent of the total chicken popualation in the US. The disease is spread from wild birds, much harder to control compared to an illness within a flock. A highly pathogenic avian influenza virus “can cause disease that affects multiple internal organs with mortality up to 90% to 100% in chickens, often within 48 hours,” the CDC notes. https://en.as.com/latest_news/why-are-eggs-so-expensive-in-texas-and-when-will-prices-drop-n/
It took a while, but the guv'ment finally got after the meatpacking conglomerates and their predatory practices. Hopefully the same happens here.
Because they're not as smart as you, I guess. Read up on these things: https://www.desmoinesregister.com/s...ixing-beef-processors-meatpacking/6664089001/ ...also involves Tyson Foods, Cargill and National Beef. Those three companies, along with JBS, which has Iowa plants in Ottumwa, Marshalltown and Council Bluffs, control more than 80% of the U.S. beef market.
Now that Taylor Swifts fans have been tasked with bringing the price down. Everyone can breathe again.
Ah! Ok. So, once the bird flu thing has passed, the price of eggs will drop back down to its previous prices, right? Anybody remember when the airlines said that an increase in fuel prices was forcing them to start charging fees for luggage....and then, when fuel prices dropped, they didn't stop charging for luggage?
The peak in wholesale egg prices was back in December - they've crashed since then. When you'll see that crash reflected in your prices is another question : Wholesale egg prices have ‘collapsed.’ Why consumers may soon see relief
Seriously, what did y'all used to pay for eggs and what are you paying now? I think I used to pay around $2.00/dozen and now I'm paying $4.50/dozen. Of course, I don't use a ton, so maybe that's what the issue is. I only use a dozen every 2-4 weeks. lol. I'm guessing people screaming about egg prices must be going through a crap-ton of eggs a month.
I buy the pasture raised eggs in the plastic cartons so it was about $4 before, now they're $7. As a family a carton lasts 2-4 weeks as well. I don't really like eggs.
Exactly. Combine that with a $4 loaf of bread and many other huge increases in grocery prices and things start feeling really $hitty.
