It’s a classic consolidation play and evolution of US legal theory with respect to anti-trust. 50% of US hens are owned by the top 5 companies, and 20% are owne

It’s a classic consolidation play and evolution of US legal theory with respect to anti-trust. 50% of US hens are owned by the top 5 companies, and 20% are owned by the largest company. We also have consolidation of grocers and elimination of wholesale distribution, so the thousand cuts add up. You see it when you compare a grocery like Aldi that does cost plus pricing to a chain like Hannaford or Albertsons that does more fuckery with segmentation and pricing. In January, my local Hannaford was charging $9/doz for eggs, while Aldi ranged from $4-6. Beef and dairy have more market dynamics, although dairy is slowly but surely getting strangled and regional dairy is dying out.