"Contrary to industry narratives, the increase in the price of eggs has not been an 'act of God,'" says Farm Action. "It has been simple profiteering."As U.S.
Based on its analysis of publicly available industry data, however, Farm Action determined that while the avian flu outbreak killed roughly 43 million egg-laying hens nationwide in 2022, "its actual impact on the egg supply was minimal."After accounting for chicks hatched during the year, the average size of the egg-laying flock in any given month of 2022 was never more than 7-8% lower than it was a year prior—and in all but two months was never more than 6% lower.
"What Cal-Maine Foods and the other large egg producers did last year—and seem to be intent on doing again this year—is extort billions of dollars from the pockets of ordinary Americans." in a recent statement that "significantly higher selling prices, our enduring focus on cost control, and our ability to adapt to inflationary market pressures led to improved profitability overall."last week that "there have been no positive tests" of avian flu at any of Cal-Maine's facilities, and yet the company's net average selling price per dozen conventional eggs more than doubled last year.
FarmActionUS Dude what?! $7?!
FarmActionUS So very true