Summary
Police in Pennsylvania are investigating the theft of 100,000 eggs, worth $40,000, stolen from a Pete & Gerry’s Organics distribution trailer.
The unusual crime, potentially linked to soaring egg prices due to bird flu, has left authorities with no leads. Investigators are reviewing surveillance footage and seeking community tips.
Egg prices have surged, with the USDA predicting a further 20% increase this year.
With Easter approaching, concerns over affordability grow.
Or they sold them to Walmart.
This is not the first time produce has been stolen and sold for consumption to regular distributors. It used to be quite common. Crime families have been built on that practice.
Good point.
Now that you mention it, eggs fit the right conditions for this kind of scheme. They’re experiencing an abnormal spike in value, are highly perishable (somewhat inelastic demand), and probably are stored under low security since they were (recently) cheap. Just the right commodity for arbitrage before everyone involved wises up or things normalize.