I heard they jacked up prices due to the Avian Flu. They culled over 80,000,000 egg laying hens
That was 17% of the total population. The price went up by 400-900%, and there was never a shortage. As usual, we got shafted.
If the prices didn’t go up because of a shortage, because there was never a shortage, why did prices go back down again?
The law of supply and demand explains the price of eggs. If you’re saying it’s wrong then what’s your better egg-splanation?
The prices went back down right after the federal government announced a price fixing investigation and a bunch of news coverage came out about how their claims were bogus.
The law of supply and demand is not real. When wealthy money addicts rip you off they pretend its a force of nature ripping you off. Behind every money transaction there is a human being with an address who made a choice.
There absolutely was a shortage.
the current outbreak of the virus that began in early 2022 has prompted officials to slaughter nearly 82 million birds, mostly egg-laying chickens, in 47 U.S. states
Getting downvoted, but no one has a factual counter argument.
The best part is they’ll raise prices due to “inflation” or whatever, then when supply increases…the prices don’t go down!
I’m honestly wondering what the end game is for these MBA asshats ruining everything. Is it really that many people so selfish and myopic that we have to suffocate on this one planet and never reach?
This is very relevant.
Weber’s company, Sunrise Farms, had to slaughter its entire flock of egg-laying hens — 550,000 birds — to prevent the disease from infecting other farms in Sonoma County
During the past two months, nearly a dozen commercial farms have had to destroy more than 1 million birds to control the outbreak (as of 27 Jan 24)
the current outbreak of the virus that began in early 2022 has prompted officials to slaughter nearly 82 million birds, mostly egg-laying chickens, in 47 U.S. states
In California, the outbreak has impacted more than 7 million chickens in about 40 commercial flocks and 24 backyard flocks
Also, shit: https://www.texastribune.org/2024/04/01/texas-cows-bird-flu-human-infection/
Some (at least) were killed brutally. Gassed in the hen houses, panicking as they died, trying to peck their way out. Poor birds.
Shame the rich who can waste money on a 100k Patek Philippe fucking watch.
I see you point, but they’re still rich, and we’ve twisted our society into making things normal people can’t even have
“Poverty exists not because we cannot feed the poor, but because we cannot satisfy the rich.”
Regarding the need to feed the poor, I’ve been told the rich are a good source of protein
Yeah they’re just like insects, we can grind them up into a fine powder and mix them into anything. They can’t argue with that because that’s what they want us to do anyway.
Norway fucked up on eggs this year. They feared overproduction, so they made a subsidy for egg producers not producing… resulting in an egg shortage this Easter.
https://euroweeklynews.com/2024/03/30/scramble-for-eggs-norway-face-easter-egg-shortage/
Why is overproduction a bad thing? Doesn’t everyone just get cheaper food as a result?
It seems that the Norwegian egg-business is always in trouble somehow. Just like farmers elsewhere complaining about the weather, it’s an endless moaning.
EU is pushing for a shorter shelf-life on eggs to be able to make a more rapid response against salmonella, and while Norway isn’t in EU and generally don’t have the salmonella issue, they still have to trade with EU. Fear of chicken flu is also lowering the demand for eggs.
Overproduction is bad because it can make the price go so low that it doesn’t make sense for anyone to do. Especially in a country like Norway where the cost of living is extremely high. They simply can’t compete, so the state offers money to keep the businesses closed while the free market can’t pay them, and to keep domestic production from competing too much internally.
It’s not uncommon to see this situation in EU, where it is sometimes possible to buy a plot of agricultural land and do nothing with it only to get paid by EU for leaving the land alone. The EU is a trade union, so the main purpose internally is to direct the trades to those who can do it best and cheapest within the borders. It’s a good thing though. In the 1990s there was a massive overproduction of all kinds of foods that would eventually rot up in stocks all over Europe. Overproduction is a cost if the goods cannot be sold.
Norwegian eggs are not exactly a big business, but I do believe it’s a net export for them, so I think the subsidy is made to keep the egg producers in business even if the export is lowering for different reasons. If they didn’t pay chicken producers not to produce, the producers would have to stop production due to low revenue from temporarily missed sales and eventually leaving Norway without a realistic capability of producing for their own market.
Anyway, it backfired at the Easter peak demand. It may still make sense later.
They…feared overproduction?
Were they worried about depleting resources or something?
I wrote a lengthy reply to a similar question:
Got it, dumb capitalist nonsense.
Flattening the territory to fit the map.
they were worried about producing too much, the price of eggs collapsing, the market demand being so low they couldn’t move product, and thus, losing money. It’s a big problem with industrialized farming. Localized farming helps to solve this issue.
Sure but why not just give the farmers what they needed and pickle the extra or something?
Yup - God forbid poor folks have nice things rather than funneling every penny they earn to the rich to satisfy their ever-increasing hunger for money.
The average person earns £1,000,000 in their lifetime, and I struggle to see the justification in anyone, and I mean anyone being worth 100s, 1000s, or even over 100,000 human lifetimes.
It’s sickening to see hard-working people having to fight month after month to survive on meager earnings while some dickheads are out there buying megayachts that cost a human lifetime per year just to maintain.