Summary

Egg producers blame the bird flu outbreak for record-high prices, but critics argue dominant companies are exploiting supply shortages to boost profits.

With over 166 million birds culled and egg layers significantly reduced, prices surged from under $2 to nearly $5 per dozen.

Egg supply is down only 4% from last year, yet profits have surged. Cal-Maine Foods, supplying 20% of U.S. eggs, reported a $219 million profit in the last quarter, compared to just $1.2 million before the outbreak, a 18,150% increase.

Lawmakers and advocacy groups are calling for a government investigation into potential monopolistic practices.

  • meowmeowbeanz@sopuli.xyz
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    15 hours ago

    This article dances around profiteering claims but doesn’t dig deep enough into corporate practices.

    🐱🐱

  • frog_brawler@lemmy.world
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    1 day ago

    It wouldn’t surprise me if they were increasing prices not to take profits and keep them, but to increase profits and purchase politicians. You know… exactly like what’s been happening with this most recent “inflation,” we’ve had.

    • A_Random_Idiot@lemmy.world
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      24 hours ago

      Just a reminder that a scant couple years ago, egg prices skyrocketed under claims of inflation…and were cut in half almost overnight when Harris threatened RICO investigations.

      Which also had supermarkets like Kroger coming forward to admit to gouging (to prevent investigations into other shit they were doing)

  • Pyr_Pressure@lemmy.ca
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    2 days ago

    If true, Republicans also voted for it.

    That is what zero regulations and zero enforcement gets you which is exactly what Trump embodies when gutting regulations and federal funding and jobs for enforcement agencies.

  • ALilOff@lemmy.world
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    2 days ago

    100% they are.

    I don’t know truth as I one saw YouTube Videos of grocery stores

    Egg prices for a dozen… in Canada are around $4.75 (Canadian) In Mexico $53-$70 pesos… or around $2.50-$3.50 US

    Edit: after quick search looks like Mexico avoided bird flu because they vaccinate their chickens… didn’t realize we are that strong against vaccination we won’t even vax the chix

    • Rob T Firefly@lemmy.world
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      1 day ago

      I mean, the article keeps mentioning “egg producers” which can only mean the chickens themselves. No human can actually produce the kind of eggs you want in your omelettes.

  • The_Caretaker@lemm.ee
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    1 day ago

    A DIY chicken coop is starting to look like a goldmine. It would pay for itself in a month or two. If you can repurpose some skids / pallets you can build one really cheap. Chicken feed doesn’t cost much.

    • Texas_Hangover@sh.itjust.works
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      23 hours ago

      I have experience with backyard chickens. Its a wonderful experience, chickens are surprisingly cool critters. And you will get the best eggs you’ve ever had. But you won’t be saving any money lol. Still worth it.

        • Dr. Moose@lemmy.world
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          17 hours ago

          It entirely depends on your infrastructure. I was house sitting a large estate once that basically had 0 upkeep costs for their chicken as they’d go and find most of their own food and there were no natural predators nearby. It was literally free eggs sort of deal.

          People who have rice fields for example have 0 upkeep ducks that just go to the field and eat all of the critters there so not only you get free eggs and duck your rice maintenance is easier!

      • Shardikprime@lemmy.world
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        1 day ago

        Chickens are notoriously delicate.

        Most people who think on doing this and succeed really love chickens and have a good way with understanding animals and the value of a life. It’s not for everyone

        • Worx@lemmynsfw.com
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          17 hours ago

          ?

          That’s really not been my experience. I’ve lived with chickens my entire life and they do just fine. We have mostly ex-commercial laying chickens, with a couple we hatched ourselves and random chickens from people who had to give away theirs. I’d say the average chicken lasts several years with us and even the badly abused ex-layers usually perk up after a month or two. They live in an enclosure maybe 50m X 10m (for roughly 10 chickens and 10 ducks) We never give any medical care or any care at all other than food in the morning and shutting them away at night. They even put themselves to bed! Clean the hutch out every week or two and that’s really it.

          Our neighbours who’ve just moved from a city a few years ago seem to cycle through chickens every couple of months so maybe we are particularly skilled at looking after them and I’ve never noticed…

          Shop eggs completely suck compared to real eggs. The shells are so thin and the yolks are the palest yellow. I wouldn’t keep chickens if it was just me though - chicken shit is just awful and I wouldn’t want to be tied to being available every morning and night to put them in and out of bed.