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Eggs US – Price – Chart

(tradingeconomics.com)
643 points throwaway5752 | 1 comments | 05 Feb 25 16:31 UTC | HN request time: 0.226s | source
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mcv ◴[05 Feb 25 16:59 UTC] No.42951481[source]▶
What's going on with eggs in the US? The whole world had high inflation after Covid, so that's not US-specific, but eggs tripling in price? That is extreme. I don't think my (Dutch, free-range organic) eggs went up more than 25%.
replies(11): >>42951503 #>>42951507 #>>42951510 #>>42951520 #>>42951536 #>>42951566 #>>42951591 #>>42951595 #>>42951617 #>>42952417 #>>42953246 #
idlewords ◴[05 Feb 25 17:00 UTC] No.42951503[source]▶
Bird flu is what's going on.
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autoexec ◴[05 Feb 25 18:32 UTC] No.42953015[source]▶
It's just greed. A couple years ago Cal-Maine Foods, whose birds were never infected at all, raised their prices anyway and their profits went up 718% https://www.cnn.com/2023/03/29/business/egg-profits-cal-main...
replies(2): >>42953516 #>>42956372 #
dan-robertson ◴[05 Feb 25 19:09 UTC] No.42953516[source]▶
Why is it that egg producer greed/generosity matches well with the times when there is an egg supply shortage/surfeit?
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soerxpso ◴[05 Feb 25 22:10 UTC] No.42955998[source]▶
Because to certain people, when a company lowers prices to compete because of an increase in supply, it's the competitive free market doing its things (not generosity), but when they increase prices because of a decrease in supply, it's greed.
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1. autoexec ◴[05 Feb 25 22:46 UTC] No.42956454[source]▶
It's always greed. Companies will charge as much as they possibly can while maximizing their profits. It doesn't matter if the price of something goes up or down this week, in either case the change only happens because the company thinks they'll make more money by offering the product at that new price.