3 thoughts on “Aesop updated

  1. False premise says:

    Egg prices have soared 60% in a year. Here’s why:
    ● Egg consumption has grown in part because more families are eating them as their main protein substitute
    ● As demand for eggs has risen, production in the U.S. has slumped because of a devastating outbreak of highly pathogenic avian influenza (HPAI) that began in February. Nearly 58 million birds have been infected with this avian flu as of January 6, the USDA said, making it the deadliest outbreak in U.S. history.
    ● Infected birds must be slaughtered, causing egg supplies to fall and prices to surge.
    ● Avian flu killed more than 50 million chickens and turkeys in 2014 and 2015, while causing economic losses of $3.3 billion, the USDA estimates. The agency is now researching a potential vaccine against the bird flu.
    ● The egg industry is also dealing with unresolved supply chain challenges kicked off by the coronavirus pandemic and inflationary pressures, with interest rates, oil, feed prices, raw materials, packaging and transportation, as well as labor issues and costs associated with labor. https://www.cbsnews.com/news/eggs-prices-2022-chicken-bird-flu-inflation-cpi/
    As of early December, there were about 308 million “layers,” meaning hens laying eggs for consumption, in the US. That’s down from 328 million the year prior. “Typically, you need about one bird per person to have a close-to-balanced supply and demand with US consumption, so we have, what, 331 million people in this country? You can see right there, there’s a huge shortfall.” Brian Moscogiuri, a global trade strategist at Eggs Unlimited.

    p/s: ‘splain me this Lucy, currently a 30-count carton of eggs sells for $3.40 USD in Juarez, Mexico, while just across the border in El Paso a dozen large Grade A eggs at Walmart costs $5.87. (as of Jan 18, 2023)

  2. Eggs Ackley says:

    “Surging egg prices mean record profits for largest US egg producer” https://www.cnn.com/2023/01/13/business/egg-prices-cal-maine-foods/index.html
    “The egg shortage has enabled record quarterly profits and sales at Cal-Maine Foods (CALM), the largest producer and distributor of eggs in the United States. The company produces brands such as Farmhouse Eggs, Sunups, Sunny Meadow, Egg-Land’s Best and Land O’ Lakes eggs.
    Cal-Maine’s profit increased 65% to $198 million during the three months ended Nov. 26 from a year ago.
    Cal-Maine on December 28 reported record quarterly sales of $801.7 million, a 110% increase compared with the same quarter last year.
    The company said it was “driven by record average conventional egg selling price” to its retail customers. (Walmart is its largest customer.)”

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