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This is about the egg industry in the US being mostly owned by one company. A monopoly position allows them to opaquely dictate prices. We've raised our own bi
by jemmyw 4y ago
This is about the egg industry in the US being mostly owned by one company. A monopoly position allows them to opaquely dictate prices.
We've raised our own birds for eggs since we bought a place. Ducks, chickens and quail. It's not something that most people can do but I'd recommend it if you have a bit of space - chooks are great for eating scraps and ducks are just cool as.
- donavanm 4y agoCitation needed. Explain how calmain “mostly owns” the US egg industry. According to the usda there are on the order of 325m laying hens in the us. calmain says they had about 45m laying hens last year. Please explain how that is the majority. Looking at egg producer stats calmain is the largest, but there are MANY commercial producers in the millions of hens range. Furthermore usda says “As a result of recurrent outbreaks, U.S. egg inventories were 29 percent lower in the final week of December 2022 than at the beginning of the year. By the end of December, more than 43 million egg-laying hens were lost to the disease itself or to depopulation since the outbreak began in February 2022.” So there’s a ~15% reduction capacity and shell egg stocks are down 30%. And egg profits have also been down the last few years. But no, it’s OBVIOUSLY that monopolist who controls an entire 15% of production that’s driving prices up. Or maybe the source blog post fails to provide citations, makes inaccurate and emotional arguments, and just kind of hopes that prices are set at COGS.