Summary

Major egg corporations may be using avian flu as a ruse to hike up prices, generating record profits while hurting American consumers, new research suggests.

  • Egg prices soared to nearly $5 a dozen, rising 157% since before the avian flu outbreak, despite only a 9% drop in laying hens.

  • Cal-Maine, controlling 20% of the US market, saw a sevenfold profit increase in 2023 compared to 2021.

  • Over 166 million poultry have been culled, but critics say consolidation and slow flock replacement may inflate prices beyond the virus’s 12-24% direct cost.

Lawmakers urge investigations, while the Trump administration plans vaccines, reduced culling, and a $1bn avian flu fund to help stabilize costs.

  • @[email protected]
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    151 day ago

    They may actually be hurting themselves in the long run. The amount of people I know that have decided to get chickens since the pandemic has increased far more than I ever expected it would. And if you’ve ever had your own chickens before, you know that there’s plenty to go around and you share with friends and neighbors. So not only are they permanently losing more customers to people getting chickens, they’re also losing customers to friends of people that have chickens. Plus all these people are getting much higher quality eggs from happy chickens, so why would they ever go back? I know not everyone can, but, the more people that start raising chickens the better!

    • @Buffalox
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      81 day ago

      Hopefully some of those that get chickens, figure they might as well have more chickens now they are at it anyway, and begin to supply to local supermarkets too.

      • @[email protected]
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        41 day ago

        If they want to sell commercially they have to meet a bunch of regulations at the state and federal level that will likely make their eggs prohibitively expensive at that scale. Most people I know that have enough chickens to consider selling the eggs just put up a roadside stand or use word-of-mouth advertising to get customers. Anything more and they run the risk of getting smacked down by USDA or FDA or even state regulators.

      • @[email protected]
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        31 day ago

        I hadn’t thought about it, but that would truly be the ideal situation. Imagine going to the store and all the eggs are from local’s extra stock. I know it couldn’t currently happen that way based on what regulations allow, but I can certainly imagine.

    • @[email protected]
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      41 day ago

      I’ve looked into raising chickens. There is so much that goes into it. Between their coop and bedding, cleaning and feed, the upfront cost alone is cost prohibitive. On top of that, everything wants to eat chickens. So if you have any predators (foxes, wolves, even dogs), they’ll go after your chickens.

      The egg prices have me seriously reconsidering it though

      • @[email protected]
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        31 day ago

        The fact that the upfront cost can be prohibitive and actual effort is involved but people are still doing it should tell you just how bad things have gotten. Plus, the more people that do it, the more they can teach others and help them out. I know people who got chickens after a neighbor got chickens and they saw how beneficial it was and if their neighbors can do it they certainly could as well.