The egg shortage has enabled record quarterly profits and sales at Cal-Maine Foods\n \n , 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. A supply shock triggered by the deadliest outbreak of a highly pathogenic avian influenza in US history has driven up prices.
And as supply remains tight and its profits surge, Cal-Maine said it expects the outbreak to continue to affect the overall supply of eggs this year. 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. Cal-Maine’s net average selling price per dozen conventional eggs for the quarter was $2.
Even here, the costs of every day living and food is sharply rising. How soon before the peasants wake up from their celebrity worship and overthrow the govs that haven’t done enough to relieve this.
Ah, the “corporate greed” angle. Pretty lazy “journalism” .
People, wake up. You do not need eggs. Completely vegan breakfast below and endless ways to sub them out of your favorite recipes. GoVegan justegg
Corporate greed is the problem
.....I haven't used eggs outside of special occasions or using up the leftover eggs in a scramble since I was 16.... Eggs go bad more then they are used in my house...
Stop shopping with these colonizers .. grow your own food , raise your own chickens
dont buy eggs.
We need to hatch a plan for cheaper eggs!
Soylent Green is the solution!
You know what to do. Don't buy eggs for a month.
Its not just eggs. Look at the statistics of most food before the pandemic and too several years back. They are so much price gouging and increases its ridiculous. Its not just stores, its fast food companies and all.
Its not just eggs. Look at the statistics of most food before the pandemic and too several years back. They are so much price gouging and increases its ridiculous. Its not just stores, its fast food companies and all. I reported not long ago about McDonalds charging $10 for a
Blackrock Great Reset. Sell half for quadruple EU just legalized crickets in food products. eatzbugs
corporate greed
CNN reporting is a joke. The best solution for high egg prices is high egg prices. Production is stimulated by high prices today and prices will come down in a few months as a result. Basic economics if you’re not a ignorant CNN reporter or willfully blind socialist.
Completely uneggcceptable
Its President Biden's inflation including his defunding of the police that has led to continued mass shootings
Yet y’all keep buying them instead of waiting for supply to catch back up
Aren't they supposed to make a profit? Your failed propaganda network never could. The Atlanta studio should be sold to Dollar Store so that location can finally turn a profit and be useful.
FAKE NEWS
All these chicken deaths make me wonder if they gave chickens the overproduced jabs?
Decide to mot use eggs at all for 3 months straight and you will see farmers begging
If the GOP has their way with raising taxes on us, you'll have to sell a kidney, your 1st born, get 2 more jobs, sell whatever you can to raise money, cash in that 401K, and possibly live in your car just to buy a half a bag of food.
It’s from the federal reserve printing money… The only way inflation is created💕🇺🇸🇨🇦
Many chicken farmers had to go cage free which cost them billions to retrofit & now they have fewer chickens. They were given assurances that stores would accept the new costs and customers would pay to feel good about cage fee. Plus feed & diesel is up & then there’s Avian flu.
With Regards,inflation,With Regards,Ripan,Concern
Cada vez más caro 😐
Democrats are going after your coffee next! True! Democrats say drink less coffee for climate change! Meanwhile they eat beef and eggs, drink coffee and fly private jets from one mansion to the next and enjoy their yachts!
This will just encourage people to get their own chickens then that will mess with egg farmers. It’s a stupid greedy move.
My buddy and client is in the chicken business and he’s reaping the rewards of years of hard work! Congratulations bro! He now has time and money to go fishing with me! I’m happy to pay more for eggs!
Equal pay hunger strike by hens.
'Its just corporate greed' Why did gas prices not stay at their highs? Did Oil companies suddenly become not greedy? Lmao, go take a basic economics class.
Never let a good problem be a wasted opportunity.
That's called greed guys. Inflation is much better, gas is back lowered than before. Tell the CEO's and corporations we know you are raising prices to line up pockets!
I'm going egg free. Well poultry eggs of course.
Remember kids: if you see someone stealing food, no you didn't.
So its a global phenomenon....mayai hapa Kenya ni luxury siku hizi
three huge corporate farms produce about 90% of the eggs sold in eh USA . Repubs let corporations buy up all the small family farms and got huge tax breaks meant for family farms
Big business scheming to make more money during a national crisis, go figure. Every freakin’ time.
Free market makes everyone capitalize on an opportunity. Just like Joe did with the position he holds. He saw an opportunity to make money from other countries by selling out America and making his son be the middle man. Actions should speak louder than words. Don't you think?
Learn basic economics, people
People love inflation people😂😂😂😂😂😂
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