Price of Eggs

[Anonymous]

Anonymous wrote:Wait...there is a shortage of eggs which is why they cost more, yet corporations are making record profits? How does this make sense??

Pre-gouging company sells 1,000,000 dozen eggs a week at $2/dozen, makes $2,000,000 in revenue.

News hits of egg shortage, company says "well we're sorry but we just can't help but raise prices, we're all feeling the hurt after all!" Now they sell 500,000 dozen eggs a week at $4/dozen and still make $2,000,000 in revenue, but they make more profit than they did before because they're only feeding half as many chickens and shipping half as many eggs so they use half as many cartons, pay half as many truck drivers, buy half as much gas, etc.

Then because they see their $4 eggs are still selling out, they raise them to $5, then $6.

Then comes the really fun part, when the avian flu outbreak ends and they go back to selling 1,000,000 dozen eggs a week but only drop the prices back to $4/dozen, and when you complain and say "hey didn't eggs cost $2? You said you only had to charge more because of the avian flu, but now that's over and eggs cost twice as much as they did before" they say "Inflation, it's all Biden's fault! You better vote Republicans in if you want $2 eggs again!"

Then the Republicans take power and they pass laws that say you can cram twice as many chickens into tiny cages as before, you can dump their manure straight into the river, and and you can grind up the old, dead, diseased chickens to feed to the living ones, and yet somehow eggs still cost $4.

[Anonymous]

For local eggs:

South Mountain Creamery (home delivery)

Norman's Farm (weekend markets in Bethesda and CCMD)

Blue Mountain Farm (farmers markets in NWDC)

You will pay more (we pay $5.50/dozen for SMC eggs), but YES there is a huge difference in taste.

[Anonymous]

Anonymous wrote:If we actually had "socialism" in this country corporations wouldn't be able to bank record profits on things like eggs and gasoline. But we've decided to stick with capitalism which is fine. Just don't complain about prices when these companies are making record profits.

Yes because Stalin was so successful with collectivism and the Kulaks.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Wait...there is a shortage of eggs which is why they cost more, yet corporations are making record profits? How does this make sense??

Pre-gouging company sells 1,000,000 dozen eggs a week at $2/dozen, makes $2,000,000 in revenue.

News hits of egg shortage, company says "well we're sorry but we just can't help but raise prices, we're all feeling the hurt after all!" Now they sell 500,000 dozen eggs a week at $4/dozen and still make $2,000,000 in revenue, but they make more profit than they did before because they're only feeding half as many chickens and shipping half as many eggs so they use half as many cartons, pay half as many truck drivers, buy half as much gas, etc.

Then because they see their $4 eggs are still selling out, they raise them to $5, then $6.

Then comes the really fun part, when the avian flu outbreak ends and they go back to selling 1,000,000 dozen eggs a week but only drop the prices back to $4/dozen, and when you complain and say "hey didn't eggs cost $2? You said you only had to charge more because of the avian flu, but now that's over and eggs cost twice as much as they did before" they say "Inflation, it's all Biden's fault! You better vote Republicans in if you want $2 eggs again!"

Then the Republicans take power and they pass laws that say you can cram twice as many chickens into tiny cages as before, you can dump their manure straight into the river, and and you can grind up the old, dead, diseased chickens to feed to the living ones, and yet somehow eggs still cost $4.

I appreciate the explanation, as bleak as it is. So many things have me shaking my head, I'm afraid it's going to fall off of my neck...

[Anonymous]

I really don't think the increase is that crazy.

[Anonymous]

Is it just the cheap eggs that went up? I keep hearing people talk about this, but I've always bought free range and the price seems the same to me.

[Anonymous]

Anonymous wrote:

Anonymous wrote:If we actually had "socialism" in this country corporations wouldn't be able to bank record profits on things like eggs and gasoline. But we've decided to stick with capitalism which is fine. Just don't complain about prices when these companies are making record profits.

Yes because Stalin was so successful with collectivism and the Kulaks.

Oh look, yet another person who doesn't know what Socialism is.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I paid $4.99. Good time to go vegan.

+1. I went vegan a while ago and food is so cheap now. It's so easy to buy bulk grains and beans/lentils and save a boatload.

Really? That hasn’t been my experience since the early fall, but then, I’m mostly not buying bulk foods. Where are you shopping?

[Anonymous]

Anonymous wrote:

Anonymous wrote:How many specialty coffees do you ladies buy every week? You’re gonna cry over an increase in the price of eggs that is less than a coffee shop drink? Where are your tears for the 50 MILLION laying hens that died of avian flu to raise those prices?

Thanks for the misogyny I don't drink coffee. But everyone in my family eats eggs daily.

+1. I have 2 hungry teenage boys with very active jobs and they eat at least 8 eggs between them every day. The price increase has had a big impact on my budget for sure. And I don't drink coffee either...

[Anonymous]

Way to plagiarize without linking to the source!

[Anonymous]

Why not let the chickens recover?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If we actually had "socialism" in this country corporations wouldn't be able to bank record profits on things like eggs and gasoline. But we've decided to stick with capitalism which is fine. Just don't complain about prices when these companies are making record profits.

Yes because Stalin was so successful with collectivism and the Kulaks.

Oh look, yet another person who doesn't know what Socialism is.

That is what Stalin was trying to do. Look how well it worked out for them.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Wait...there is a shortage of eggs which is why they cost more, yet corporations are making record profits? How does this make sense??

Pre-gouging company sells 1,000,000 dozen eggs a week at $2/dozen, makes $2,000,000 in revenue.

News hits of egg shortage, company says "well we're sorry but we just can't help but raise prices, we're all feeling the hurt after all!" Now they sell 500,000 dozen eggs a week at $4/dozen and still make $2,000,000 in revenue, but they make more profit than they did before because they're only feeding half as many chickens and shipping half as many eggs so they use half as many cartons, pay half as many truck drivers, buy half as much gas, etc.

Then because they see their $4 eggs are still selling out, they raise them to $5, then $6.

Then comes the really fun part, when the avian flu outbreak ends and they go back to selling 1,000,000 dozen eggs a week but only drop the prices back to $4/dozen, and when you complain and say "hey didn't eggs cost $2? You said you only had to charge more because of the avian flu, but now that's over and eggs cost twice as much as they did before" they say "Inflation, it's all Biden's fault! You better vote Republicans in if you want $2 eggs again!"

Then the Republicans take power and they pass laws that say you can cram twice as many chickens into tiny cages as before, you can dump their manure straight into the river, and and you can grind up the old, dead, diseased chickens to feed to the living ones, and yet somehow eggs still cost $4.

Ummm... no, the price of feed, labor and gas went up too. You have very limited understanding of economics and politics.

[Anonymous]

Anonymous wrote:Wait...there is a shortage of eggs which is why they cost more, yet corporations are making record profits? How does this make sense??

The company that markets “Egglands Best” is making a fortune because they have figured out how to brand eggs in a way that suckers people into paying more for the same product. You don’t want them to make money? Don’t buy their product.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Wait...there is a shortage of eggs which is why they cost more, yet corporations are making record profits? How does this make sense??

Pre-gouging company sells 1,000,000 dozen eggs a week at $2/dozen, makes $2,000,000 in revenue.

News hits of egg shortage, company says "well we're sorry but we just can't help but raise prices, we're all feeling the hurt after all!" Now they sell 500,000 dozen eggs a week at $4/dozen and still make $2,000,000 in revenue, but they make more profit than they did before because they're only feeding half as many chickens and shipping half as many eggs so they use half as many cartons, pay half as many truck drivers, buy half as much gas, etc.

Then because they see their $4 eggs are still selling out, they raise them to $5, then $6.

Then comes the really fun part, when the avian flu outbreak ends and they go back to selling 1,000,000 dozen eggs a week but only drop the prices back to $4/dozen, and when you complain and say "hey didn't eggs cost $2? You said you only had to charge more because of the avian flu, but now that's over and eggs cost twice as much as they did before" they say "Inflation, it's all Biden's fault! You better vote Republicans in if you want $2 eggs again!"

Then the Republicans take power and they pass laws that say you can cram twice as many chickens into tiny cages as before, you can dump their manure straight into the river, and and you can grind up the old, dead, diseased chickens to feed to the living ones, and yet somehow eggs still cost $4.

Ummm... no, the price of feed, labor and gas went up too. You have very limited understanding of economics and politics.

Not to mention the cost of replacing chickens that died from avian flu.

And let’s think about what happens when the chickens have died and there are shortages and the original seller doesn’t raise the price. People keep buying as many eggs as they did before and half the people don’t get eggs. Someone notices this is happening sells their eggs on the secondary market for a steep mark up. More people notice and start hoarding eggs, so eggs are even harder find, so the egg scalpers can then sell them for an even steeper markup. All of the profits go to the “egg scalper” and the original egg processor and the farmer don’t see a dime, so they don’t have the capital or incentive to raise more chickens. Think PS5 and Taylor Swift tickets, if you want to see a real-life example.