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The Consumer Price Index, which measures the average change in prices paid for things like food, clothes, housing, and transportation, was up by 7.5 percent overall over the past year as of January.
The price of eggs, according to the measure, was up by 13.1 percent.
The cause of the egg price increases we’re experiencing now is more of a production issue than a demand one, though both are in the mix. Egg prices depend in part on the chickens that lay the eggs — and currently, they’re more expensive to feed.
MORE IDEAS FROM THE SAME ARTICLE
The egg industry, like every industry, is facing higher prices and challenges that are leading to costlier eggs for consumers overall.
From groceries to gas, prices are up on a multitude of items — including one particular consumer staple: eggs.
Eggs don’t paint the full inflation picture in the US, but they do a part of it — it’s more expensive to feed chickens and move eggs around, so it’s more expensive to produce and move eggs, so it’s more expensive for consumers to buy eggs.
As corporations and states start to push for eggs from cage-free chickens, that is pushing prices up, too. Essentially, it’s pricey to be nicer to chickens.
Everything is getting more expensive because everything else is, including when it comes to eggs. Like it has all industries, the pandemic has shaped the story of the egg market over the past two years, and that story hasn’t been a linear one. When the pandemic hit, there was a big spike in deman...
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