One year ago, the average price for a dozen eggs in the U.S. was $1.92. Now, the average price for a dozen of eggs is $4.25, according to the Bureau of Labor Statistics. So what’s the deal with the drastic increase?
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Articles on price increase are funny. It's up because the cost of (something in making or delivering it). Back that up. What raised the price of ____? Say chicken feed. Keep going backwards and where did it start? Fuggin government and the Fed that's where.
ReplyDeleteSteve S6
A quart jar holds about 48 dehydrated eggs.
ReplyDeleteI have been using home-made dehydrated eggs since predators decimated my free range flock and cut egg production below surplus levels.
Dehydrating eggs is like making fruit leather. Not impossible to learn. Store easily.
A good solution for banking eggs into the pantry. Banking means putting a food staple on the shelf for the future.
I looked at Walmart the other day. The cheapest eggs were over $6 a dozen and the Eggland's were more than $8. I have my own hens though, so our eggs are considerably cheaper.
ReplyDeleteSome variation of avian flu has been going through the big chicken growers (the ones with like a million hens on conveyor belts in one big barn) and killing lots of laying hens. So there's a shortage of eggs, and that lets the market price rise dramatically to discourage buyers and balance supply and demand in the short term. It's a big bonus for producers who managed to protect their hens, and may save the others from bankruptcy if they still have some egg production.
ReplyDeleteThere will be a longer term effect: soaring prices will cause a rush to breed more layers, refill the (hopefully thoroughly sterilized) existing plants, and even build more plants. Then there will be a glut of eggs, prices dropping until they no longer pay the costs of feed, etc., and producers going bankrupt and slaughtering excess layers. Depending on how few of the producers are capable of understanding economics and looking ahead, prices might yo-yo through several cycles before settling down.
The ultimate blame is public schools and (mainly D) politicians that don't want anyone understanding economics.