Conspiretards will have to find something else to fret over: Wholesale egg prices have now collapsed.

submitted by iamonlyoneman from cnbc.com

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[–]iamonlyoneman[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

almost as if there were market forces involved and corrections happen

[–]jet199Instigatrix 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Wholesale egg prices were never that high, which is why farmers stopped selling them which then lead to the shortage.

The prices only went up high in the shops due to profiteering. That was not passed back to farmers.

Please keep up and don't strawman.

[–]SoCo 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

CNBC is sugar coating a huge problem. Their own sources show it, so they can't pretend they don't see it. It doesn't take a data analysis to see they are framing the data in comparison to ONLY last year.

If you check their hard-data, for better or worse, the last administration kept the problem worked out, but this administration did not.

There is a trend since Bird Flu exploded and was mismanaged under Obama, of egg prices steadily going up. This was temporarily kept low during the Trump administration, I suspect hiding the problem, which has returned.....

It looks like chickens and eggs as a food staple may be completely eradicated eventually, due to industrial farming's carelessness and the spread of disease:

https://fred.stlouisfed.org/series/APU0000708111

[–]chadwickofwv 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

The bird flu is being caused by the vaccine used to prevent it. The problem will continue to get worse until farmers stop vaccinating their animals entirely.