The U.S. government is on a global egg hunt. It's seeking exports from countries in Europe and elsewhere to ease a severe shortage that has caused egg prices at grocery stores to hit record highs.
The U.S. government is on a global egg hunt, seeking exports from countries in Europe and elsewhere to ease a severe shortage that has caused egg prices at grocery stores to hit record highs.
"USA first and only! Tarrifs for you, you and you! We hate employees. Healthcare is a benefit for the rich! You owe us money because we say so! We'll take greenland one way or another. Nazi salutes in the presidential office are cool! Ukraine needs to be thankful that they are allowed to give us all their natural resources!"
Moments later.
"Hey, btw, would you mind giving us some eggs please? What? Why not?"
Egg prices aren’t even being driven by a shortage. Every local market near me has thousands of eggs that are about to expire. Which means they have sat there long enough to expire, because nobody is buying them. People are seeing the increased egg prices, and simply eating fewer eggs.
Studies have found that the recent issues should only affect egg prices by ~10-15%. But instead, we have seen increases as high as 200-500%. The real issue is greedflation; Egg producers did the math on supply and demand, and realized selling less eggs could be more profitable. Imagine they can sell 5 egg cartons at $2 each, or 2 cartons at $6 each. The latter nets them more profit and they don’t have to produce+package+ship as many eggs, which lowers their overhead costs.
The only thing foreign eggs would solve is that it would introduce competition. But even then, why would other countries’ egg producers have any incentive to compete on price? They can simply match existing prices, blame the cost on higher international shipping, and make more profit too.
Your experience is interesting, because where I am it absolutely is a shortage. Most stores are putting a limit of 1 dozen eggs per customer because it was getting so bad. The only place where I can reliably find eggs is the farmer's market and the organic store.
I'd vote to ship as many eggs as the market can bear. With the proviso that each egg comes painted with the face of Donald Trump and an "information" pamphlet..
I just want to say that while scrolling by the thumbnail for this post, my brain guessed that the article was about chickens playing checkers using their eggs as game pieces.
That's why I stopped to check on what it was about.
Not when their current president campaigned loudly about how high egg prices were all Joe Biden's fault, and that when elected, Trump would bring down prices immediately.
Now prices are far higher, coupled with shortages, with no Imediate anything.
I meant stop buying more eggs than they were before. People are panic buying eggs. Just stop paying high prices for everything, that's why prices are high.
I don't think that's all of it, but you're not wrong. Part of it is supply shortage (whether it's truly real or partially artificial), but there's definitely an aspect of "this is toilet paper all over again".
I can easily just buy fewer eggs and wait for prices to come down. When I saw the toilet paper panic starting to happen I bought a second bidet and pooped at work more often. I just don't get the "pay inflated/scalper prices" mindset. Just don't buy it.
Crazy how people are like: "where my eggs?" And not enough people are like: "poor chickens, we need to do something." Everyone deserves this "egg crisis" that only effects people who even eat eggs for no reason.