at long last, eggflation may be easing. in february, cnbc reported wholesale egg prices were dropping rapidly, and predicted retail prices would soon follow
but in just december, the price of eggs was more than *double* what it was a year earlier. check out the u.s. bureau of labor statistics chart of historical egg prices here
eggflation even worked its way into pop culture -- at the 2023 grammy awards, trevor noah asked taylor swift if swifties could help lower egg prices. view her response here
but wait, the average price of chicken meat hasn’t been expensive. check out the labor stats on that, here
wtsp.com said to blame a bird flu outbreak. it’s killing egg-laying hens at far greater rates than chickens raised for meat production
cnbc agreed: bird flu is why eggs are so expensive. 50 million birds have been affected by a “highly pathogenic avian influenza”
but vox blamed macro inflation for high egg prices. in fact, it explains overall inflation by looking at the specific factors that contribute to egg price inflation
and some farmers likewise say we shouldn’t blame bird flu alone, reported the financial times. they say supermarkets are profiting without helping farmers, who face high costs
yup, price gouging is def happening, wrote time -- firms are making a profit while consumers pay ridiculous amounts of $$
but forbes said corporate greed isn’t the problem. firms’ profits are way too small to be the driving force behind the price surge
there’s a similar debate overseas. the deputy leader of the uk independence party: supermarkets are lying! there’s no bird flu -- supermarkets are just money hungry. read her tweet here
this uk farmer was more measured: yes, the flu is real, but supermarkets using it as an excuse not to pay farmers their due. read his tweet in full
the washington examiner: there’s no question the flu has killed a lot of birds, period. that can’t *not* affect the price of eggs
so should you raise your own chicks?? check out our tile on backyard chickens here
msn made a slideshow that shows the price of eggs the year you were born, proving just how much has changed. fair warning: it starts at 1939, so zoomers will need to scroll for a hot sec before hitting their birth year