I thought there was an egg shortage.

[Jet Cash]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

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[un_rank]

I do not think it was a global issue and for the most parts it is alleged that the big retail companies were gouging prices due to all the talk about shortages and possibly they were exaggerating the effect.

- Jay -

[SmartGold01]

Looking deep into what you said seems to be true the rate at which the price of eggs suddenly increase in State is something one should suspect of being a Global shortage. It was normally $0.093 (NGN 70) per egg and a crate of eggs was around $2.8 (NGN 2,100) in a medium size eggs while larger size was around $3.1 (NGN 2,356) as of last year, getting to this year the price has suddenly increased to 30 percent, where a piece of $0.13 (NGN 100). I was like could it be that the request for chicken is much in a way that leads to the increase of the price?
All price above is converted to dollars with a current price of NGN 760 = $1, this is to show food prices are increasing every single months and year also by the next 2 years to come we may likely see a crate of egg at the rate of $5.

[EarnOnVictor]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

Who is ripping you off? Is it not the same country where you got the notion of an inflated commodity that you bought the same eggs? Well, you should know that countries' economy is dynamic, what you bought cheaply today might not be so the next day, and vice versa. It's you that should be conversant with the market reality and also consider the location. Locations have different prices, and you might need to ascertain if you are buying at a wholesale outlet or from a retailer.

[Nwada001]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales.

There is always a sales manipulation of the price of consumable goods since those goods' prices are not regulated, and I actually don't think the panic price increase of eggs has anything to do with demand or supply; all I see is a group of sellers trying to make more money from their sales. Layers have nothing to do with the economy aside from their feed price increase.

Here in my country, the price is always changing; there's no fixed price; it always varies based on the shop you visit to get them, and they are sold out based on the size, which wasn't so before. I think it's just business as usual for egg sellers since every other good is topping something in price; they don't just want to be left behind.

[pooya87]

It's hard to say because that sounds like a very domestic situation not a global one. Not to mention just because you bought some eggs one time and on sale that doesn't mean there are no problems.

I did some quick search and considering the official UK stats are talking about a 24.6% reduction in production of eggs compared to last year, it is understandable to expect some shortage.

But also we should consider other factors including the ongoing cost of living crisis in UK, decreased income, unemployment and increased price of everything from energy and rent to food. These things have affected the the demand for eggs (and basically everything else) which means decreased demand that could potentially negate the ~25% drop in production and solve the shortage problem.

This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40.
The eggs were on sale at a major Asda supermarket in Hampshire, England.

Are you sure they were fresh? Place them in water, they should not float to surface. Also check their production date, when the products are close to expiration date these big super markets practically give them for free.

Unless I'm missing something the price on their website shows a price of about £1.50 for 6 "medium" eggs and £2.5 for organic ones.
https://groceries.asda.com/product/free-range-eggs/asda-6-medium-free-range-eggs/20511
https://groceries.asda.com/product/organic-eggs/asda-organic-free-range-6-mixed-eggs/910000053377

[tabas]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

I guess it depends where you're living. If there's a shortage in your area then that's for sure will make the price higher. AFAIK, when the war of Russia and Ukraine has started it was like a domino effect coming from grains, flour and other ingredients and then almost everything went up.
I also started to feel that the eggs can't skip that effect because it has increased a few cents where I am buying that. It's doubled the amount from how much I was buying it before but then it was just cents.

[Stepstowealth]

I thought there was a global panic over egg supplies.  

There's no panic about egg supply in my country. The price of eggs have gone up but it is still readily available for you to buy whenever you need it simply because so many people are involved in the agricultural practice of rearing poultry birds. It is easy to understand why the price of the eggs have gone up and it is because the price of poultry feed and transportation has also increased.  The egg shortage was due to

food shortages, rising energy costs, and bird flu

(https://www.standard.co.uk/news/uk/egg-shortage-supermarkets-bird-flu-cost-of-living-b1040104.html)

Rising energy cost will affect many farmers in the UK because they depend on it. Farmers in my country may not even be connected to any electricity grid, but have local methods of running a poultry farm effectively.

[Agbe]

In this recent world order, every country has their poultry to produce egg so what has happened was not a global issue but a National Inflation. Like my country a crate or a dozen of eggs (12 eghs) was sold $1 as of 2000 to 2020 but suddenly from 2021 till a dozen of eggs is sold $4 and above. Egg which was bought by the lower class is no longer the lower class food again. It is now meant for the middle class and above. The inflation is touching everything and everywhere in the globe.

[Yatsan]

Hoarding issues and monopoly I guess. Also, it would be impossible to have a global shortage with eggs, it is more likely to happen in a city or country but not as wide as global. Hoarding issue happens to many marketable goods. Inflation on tbe other hand is a different story wherein it affects majority of the world market concerning market prices. Based on what I have observed, if it is shortage with agricultural products then it would only last for a month or more, but if it is with minerals then that would be for a long period of time. This is because of resources wherein agricultural products can be 'cultured', which is a reason for us to not panic in some instances.

[Synchronice]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

It costs me 1,89 € to buy six egg in Germany, in Bavaria. I workout and when I'm bulking, I have to eat tons of eggs, chicken breast, fish and it's very expensive experience, especially after the start of war between Russia and Ukraine.
Btw I thought that prices in the UK were far worse than in Germany, at least that's what I hear all the time since Brexit and Russia-Ukraine war.
@stompix you are an expert in Europe-related tasks, how are the prices in your country?
By the way you can't imagine how cheap things are in Turkey. I was there recently and while there is a huge inflation, product prices aren't increased that much, for 10 Euro I was able to buy tons of food, I'm really shocked.

[BitcoinTurk]

Usually the price of a product rises when there is a shortage of production, increase in demand or after production costs are affected by inflation. Especially since I live in a country that consumes a lot of eggs I can easily say that there is no shortage of eggs at the moment because there has not been any decrease in egg stocks in the markets. In addition, there was no decrease in the meal or dessert options made with the use of eggs. For this reason, it is necessary to consider the possibility that the egg shortage you mentioned may be due to the location you live in or that the prices may have changed due to the inflation problem which has become a serious problem in nowadays. Finally, I would like to add that apart from my own observations I have not see across an article or news stating that there is an egg shortage problem that has affected the whole world.

[MoonOfLife]

In this recent world order, every country has their poultry to produce egg so what has happened was not a global issue but a National Inflation. Like my country a crate or a dozen of eggs (12 eghs) was sold $1 as of 2000 to 2020 but suddenly from 2021 till a dozen of eggs is sold $4 and above. Egg which was bought by the lower class is no longer the lower class food again. It is now meant for the middle class and above. The inflation is touching everything and everywhere in the globe.

Based on the rising egg prices alone, have you hastily concluded that inflation is increasing and affecting everything in the world? LOL.
In my country, eggs are still very cheap, and their price has not increased, so how do you explain this? My country does not have inflation? Why don't you try to think of some supply issues, and this is only temporary? Don't talk about inflation all day when you know nothing about it.

[SamReomo]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

I don't think that the issue was global because in many places the egg prices even dropped rather than increasing. The supplies have been increased because many people started farming of layer chicken which lay enough eggs to meet the demand of the residents of a location. In my place the price of 1 dozen eggs is around $1 and it hasn't increased at all even in many years when we compare it in dollars, but when we compare the prices in local currency then the prices have been increased more than 20% - 30%  during past 3-4 years.

The egg prices are mainly increased due to feed prices and when the price for 1kg feed increases so does the price of eggs. Most of the farms are doing the business on commercial level and that's why they have to outsource the feed from other sellers who sometimes increase their feed prices because of geed, and when feed prices go higher and no one is willing to sell it for low price. The ones who run those layer farms are mostly influenced by feed prices and if there is issue with feed supplies then in that case egg prices also increase so the farmers could earn profit from selling the eggs. In some cases the utility stores increase egg prices because of greed only and the consumers have to pay some extra money because of those greedy fellows.

[Zaguru12]

There is always a sales manipulation of the price of consumable goods since those goods' prices are not regulated, and I actually don't think the panic price increase of eggs has anything to do with demand or supply; all I see is a group of sellers trying to make more money from their sales. Layers have nothing to do with the economy aside from their feed price increase.

I think the feed price increase you actually mention is why they have increased the amount per each egg. Although when things go up everyone just wants to increase the price of there goods but this egg price increase Isn’t just done because of these. The layers you see are actually heavy consumers of their feed and since last there has been excessive increase of feed bought by the poultry farmers. The feed price has increased to almost 3x its normal price and not to talk about the increase in the cost of there vaccines too. So it is logical that for the farmers to increase the price for the egg just to gain ground on the profit level.

Although I would say there is also manipulation of price because the number of farmers has decreased due to cost of feed and vaccines and also the period we are in now. It is mostly raining here now and many of these birds do not survive under this weather conditions and some farmers that can’t take the risk just bow out of rearing at this period of time and that gives the current farmers the opportunity to manipulate the price since it is not that high in supply.

Another thing that could affect it again is the fact that not all countries actually produce there feeds so for the locals that have the feeds produced there they tend to get it at a lower cost than those import them. Because the fiat inflation will actually affect the price along the way.

[summonerrk]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

And I have often seen how, in times of panic, prices for buckwheat or rice begin to rise. At the same time, ordinary buyers themselves create panic, and unscrupulous sellers try to make a profit out of it. Such phenomena as correctly last a short period of time. And you need to be able to survive them. In the above case, I ate only pasta and bulgur, knowing that the prices of other cereals will fall to the previous levels. And so it happened.

Another favorite product of sellers for manipulation is sugar and salt. People panic very easily when it comes to this.

[pooya87]

By the way you can't imagine how cheap things are in Turkey. I was there recently and while there is a huge inflation, product prices aren't increased that much, for 10 Euro I was able to buy tons of food, I'm really shocked.

When there is high inflation (100%+) price of everything goes up including food. You can see some of the food inflation rates here (not completely accurate though, it is reporting them higher than reality):
https://tradingeconomics.com/turkey/food-inflation

Generally speaking in periods like this (past 3-4 years that Lira is tanking hard) the governments don't let the food price go up as quickly as their fiat currency tanks. So when you exchange your 10 Euro to ~253 TL you end up being able to purchase more food in Turkey than you could in Europe.

There is also the fact that there was an election in Turkey and in the recent months leading to this presidential election the president in office artificially kept the inflation and prices low to keep people happy and get their votes for himself!
After the election however, the price of food jumped between 15% to 25% in matter of days. The election was about 18 days ago!

[bitzizzix]

It depends on what the problem is in your country or where you live and it happens due to several factors. In my place there is no shortage of eggs, but the price of eggs is very high and the price of 1 kilo of eggs is almost the same as the price of 1 chicken and that is because the demand for chicken eggs this year is much higher than the previous year, and that is one of the reasons for the increase in egg prices.
This year the demand for eggs is higher than last year, also because there are not many production factors, but the demand is high. Supply and demand are out of balance, resulting in high prices.
Eggs are a very important staple and regardless of the price, people will still buy them. But if chicken eggs are rare, then you have to investigate what are the causative factors.

[bettercrypto]

Here in our country, 30 pcs of eggs is equivalent to 3$, this is the smallest size in our country, and the largest size is around 5$ for 30 pcs of eggs. If there is something called egg hoarding, I don't think anything like that happens in my country. And if there is maybe some control or manipulation of them, I think it's normal in the market. Because we are part of the business industry. And I don't see neither heard any news that there is a shortage here in our eggs, so far none.

[NeuroticFish]

I thought there was a global panic over egg supplies.

I can't tell about UK, but here there was at some point an attempt to panic people with stories about the rising prices of electricity and gas that will make everything overly expensive.
Just those prices did stabilize even before the winter has ended and afterwards the overly cheap grains from Ukraine flooding all the European markets made a lot of agriculture related products' prices fall fast.
I will add that in my country I noticed (in a few different years, including this one) that around Easter (+/- a few weeks) there's a tendency to have over-production of eggs.


I guess that there were many things that made the price of eggs go much lower (although your 21p is lower than I would have expected), including somewhat better supply chains from cheaper countries (PL, RO) towards the UK.

[stompix]

@stompix you are an expert in Europe-related tasks, how are the prices in your country?

I answer your summon!!!  

Way better than there were before, it was a scare, people were hoarding like morons and now you can get good prices for eggs, cheapest of them the small, not ground raised are going at 30 pieces for 5 euros. Not really matching whatever offer Jetcash got but it's still pretty good, so 6 for an euro.
You go for the biggest size, ground-raised bio chickens it's 3 euros for the 10 pack.
I see a standard for almost every of neighboring countries at the lowest price around 20 cents per piece and something around 15 cents in offers.
Of course, crossing borders to Germany and Denmark, we must raise the levels!

But I see free range at Aldi at 23/stuck so 25% cheaper than you get, although I always forget Sued vs Nord which is the expensive one

Now, if we talk about bulk orders and farm contracts before packing, meh, it's depressing, a quick check on the forum and you can get them below 10 cents per piece but it involves down payments and MOQ fixed term. As my father approximated it's probably the production cost price, but
that's when you get when some morons started importing unreasonable quantities like the world would end. The same shit is happening now with wheat and flour soon to happen with pork meat, but that will take a while, expect a downturn around probably September since exports to China and South Asia are dropping down and probably Poland and Denmark will flood the markets.

By the way you can't imagine how cheap things are in Turkey. I was there recently and while there is huge inflation, product prices aren't increased that much, for 10 Euro I was able to buy tons of food, I'm really shocked.

If they would increase prices to European levels they would have nobody buying and ending with rotten products, remember they have an average wage of 400$, again, average!

In my place there is no shortage of eggs, but the price of eggs is very high and the price of 1 kilo of eggs is almost the same as the price of 1 chicken

First time in my life hearing about a kilo of eggs!

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off.

You got an offer on products that are soon to hit their recommended consumption date, eggs have a regulated best-before date that is 28 days and between 5 to 10 days before withdrawing from shelves, so it must at any point leave the customer a least 5 days for consumption depending on the country, stores will be then forced to destroy it like other products in this category, so they've chosen to try and sell it even if it means hurting other batches profit, the management must be in a real pinch with a ton of oversupply there.
But don't get used to it, according to older articles I found online you got an offer way cheaper than 2016 for example;
https://www.theguardian.com/money/2016/may/07/surprising-fall-cost-food-uk-eggs-bread-meat

Six own-brand medium-sized free range eggs now cost just 85p in Asda and 89p at Tesco, compared to £1.48 in 2012.  The very cheapest eggs in the supermarkets (boxes of six can sell for as little as 50p) also encourage further intensification of caged production methods. On average, farmers receive around 48p for six eggs.

[Zlantann]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

There is nothing business owners cannot do to maximize profit. Business unions are the major tools of this manipulation. They can ration production to reduce the rate of supply which could lead to a hike in price. I am not in the UK but there was a time in my country when some farmers decided to control the price of their products by supplying less than their normal quota, it took the intervention of the national labor leadership to make them reconsider their manipulative strategy.

You got an offer on products that are soon to hit their recommended consumption date, eggs have a regulated best-before date that is 28 days and between 5 to 10 days before withdrawing from shelves, so it must at any point leave the customer a least 5 days for consumption depending on the country, stores will be then forced to destroy it like other products in this category, so they've chosen to try and sell it even if it means hurting other batches profit, the management must be in a real pinch with a ton of oversupply there.

I have never seen or bought any egg that has the date of production or withdrawal from shelves date. It is strange to hear that we have such regulations in other countries. So to avoid buying unhealthy eggs, most consumers prefer to buy directly from poultry farms or through direct distributors. In the past, I have had incidences of buying rotten eggs just because there are no best-before dates.

[Fortify]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

You seem completely oblivious of the many ever changing factors that feed into the supply and demand chains around the world. The war in Ukraine meant that around a third of the grain that was produced annually suddenly dropped off a cliff because them and Russia had difficulties supplying it. There were outbreaks of bird flu this year that meant large flocks of birds were slaughtered in the UK. There are probably a dozen other factors, like the all round interest rate rises on fuel for transport of all of these things didn't help either. The problem with conspiracy theorists is they lock on to one simple basic idea, without understanding the huge economic bonds that drive the world and it's a miracle that these things ever got to as cheap as they are now. There is unbelievable resilience, ingenuity and dynamism shaping markets every day.

[DrBeer]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

Business related to the production of chicken, and parallel products (eggs), very interesting. I myself worked at one of the largest Ukrainian factories for the production of chicken meat and eggs.

Self-production cannot be called very complicated or expensive, as, for example, raising cattle.
The litter is fast, the rearing period is short, and the maintenance costs are low.
There is of course a nuance, observed it - if for example to break the cycle of vaccination of chickens, you can get mass mortality, literally within a couple of days. Observed how the human factor, confused the schedule and objects of vaccination (hangar), and a whole hangar of chickens became "deaths" literally in a matter of hours.
But...everything else makes up for even that kind of loss.

But back to the eggs. In Ukraine, most egg producers were located in the eastern and southern regions. There were many reasons - from cheap land for the construction of complexes, to convenient and short logistics, as well as the availability of fodder. And here it is worth noting that egg production, in terms of complexity and cost of the process is more complex and expensive than raising a chicken.
As you know - after Russia's terrorist attack on Ukraine, it was the eastern and southern regions that suffered the most. To put it bluntly - they were virtually destroyed, because russia's concept of warfare is "scorched earth"...

I will tell you frankly - from about April 2022, until the summer, there was a big shortage of chicken eggs in Ukraine. While chicken was quietly raised on small farms, mass production of eggs is a more complicated process. But as practice has shown, the adaptability of large producers, provided with quality technology - is very high ! And in this difficult time for the country, even when the terrorists from the Kremlin, deliberately destroying civilian infrastructure (power plants, power grids, etc., which is important for the maintenance of laying hens), producers were able to quickly recreate mass production of eggs ! At the same time - without prejudice to the restoration of the chicken stock, meat direction.
In May-June 2022, Ukrainian retail chains began to fill up again with a large assortment of eggs.

I am sure that in countries with normal conditions (without external aggressor and destructive war), to restore such a segment of the market is not a very big problem. The only problem may be in the "arrangements" of producers in the market. It is hard to imagine any other objective problems that would logically explain the problem in this sector of the economy.  Well, ok, I will add - it is also possible, the tax pressure on such producers, but I do not think that the government is beneficial - to leave people without a simple, affordable, mass food product.

[stompix]

I have never seen or bought any egg that has the date of production or withdrawal from shelves date. It is strange to hear that we have such regulations in other countries. So to avoid buying unhealthy eggs, most consumers prefer to buy directly from poultry farms or through direct distributors. In the past, I have had incidences of buying rotten eggs just because there are no best-before dates.

Europen regulation from almost two decades ago:
https://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2008:163:0006:0023:EN:PDF

Article 9 of Directive 2000/13/EC defines the date of minimum durability of a foodstuff to be the date until which the foodstuff retains its specific properties when properly stored. For the sake of clarity, this date should be fixed at not more than 28 days after laying
‘sell-by date’ means the maximum time limit for delivery of the egg to the final consumer according to point 3 of Chapter I of Section X of Annex III to Regulation (EC) No 853/2004; *Eggs must be delivered to the consumer within a maximum time limit of 21 days of laying)

This has been amended so many times you lose track of it and there were derogations by a ton but basically, it boils down to what I said before.
Oh, and there are some countries with a far larger shelf life, close to 90 days, it's either they have some super chickens or they don't give a rat's ass about public health.

The war in Ukraine meant that around a third of the grain that was produced annually suddenly dropped off a cliff because them and Russia had difficulties supplying it.

1/3 of tradable wheat! Big difference!
Global world production was in 2020 760 million tons, Russia had 85 and Ukraine 24.
Also, as if counted as a whole, the EU is a bigger producer than both of them combined.

[Alisha-k]

Here in our country, 30 pcs of eggs is equivalent to 3$, this is the smallest size in our country, and the largest size is around 5$ for 30 pcs of eggs. If there is something called egg hoarding, I don't think anything like that happens in my country. And if there is maybe some control or manipulation of them, I think it's normal in the market. Because we are part of the business industry. And I don't see neither heard any news that there is a shortage here in our eggs, so far none.

This should be in Nigeria, the price of things in that country is relatively very high, I can't help but wonder, is the price of eggs even supposed to be expensive??

I mean, fowl feeds happens to be the cheapest and easiest fetched among animals, so why should their bearings be expensive??

[greek_hephaestus]

Here in our country, 30 pcs of eggs is equivalent to 3$, this is the smallest size in our country, and the largest size is around 5$ for 30 pcs of eggs. If there is something called egg hoarding, I don't think anything like that happens in my country. And if there is maybe some control or manipulation of them, I think it's normal in the market. Because we are part of the business industry. And I don't see neither heard any news that there is a shortage here in our eggs, so far none.

This should be in Nigeria, the price of things in that country is relatively very high, I can't help but wonder, is the price of eggs even supposed to be expensive??

I mean, fowl feeds happens to be the cheapest and easiest fetched among animals, so why should their bearings be expensive??

Increase a profit market in charge cant do anything and business unions are major tool in this and decrease the distribute percentage they produce the rations  and this are  help to increase the price and i m not in England and in my country they doing some type of agriculture and maintain the price and they change the way of work and they need national labor involvement in this .

[kojektea]

I think this is an opportunity for them to sell eggs at a higher price. or if they sell at a lower price it will make the eggs sell faster. i think this is a good opportunity. unfortunately I don't understand about the egg business, but it's very good if you bring someone who understands there, surely you will benefit from that business.

[Blowon]

Fluctuations in the price of food products are common in the market, and can be influenced by many factors. One of the factors that can affect the price is a change in supply or demand. There may be local or temporary factors affecting the price of eggs in the particular area where you live.

In addition, unusual sales or discounts may occur from time to time as a marketing strategy to drive sales and reduce excess inventory. This is a common practice in the retail industry. so is this egg. I think this is a good opportunity if you understand the egg business.

[adaseb]

The egg shortage was mostly in the United States but due to the media and everything it created A lot of panic like in the Covid toilet paper days and spread to other countries like Canada.

I heard in Canada we won’t have an egg shortage because what affected USA didn’t apply to Canada. However I would go shopping and people were stocking up on eggs. And they was quantity but it was low.

The problem went away after a few weeks and now supply is good.

[Synchronice]

I answer your summon!!!  

Kuchiyose no Jutsu!

But I see free range at Aldi at 23/stuck so 25% cheaper than you get, although I always forget Sued vs Nord which is the expensive one

Aldi süd is more expensive than Aldi Nord but Kaufland is the cheapest where I live and Lidl is the most expensive next to Rewe. Prices in Edeka are slightly higher than in Aldi, that's only in my store because Edeka has lots of stores with different prices. This is just my local strange experience.

By the way you can't imagine how cheap things are in Turkey. I was there recently and while there is huge inflation, product prices aren't increased that much, for 10 Euro I was able to buy tons of food, I'm really shocked.

If they would increase prices to European levels they would have nobody buying and ending with rotten products, remember they have an average wage of 400$, again, average!

Well, I really love traveling and have actually been in poor countries where foods are more expensive than in Europe, not only for tourists but for local people too. People in these countries only most of their income in food. Turkey could end up like this but Erdogan manually keeps lower prices. I don't know how long will they succeed by running economy that way but if you are a digital nomad, life there is very cheap (keep it as a secret, I prefer Portugal).

[Lorence.xD]

I don't think if there's a product that increased in your country, it might be only in your country not worldwide. In my case it's not the egg that in shortage but the chicken itself. Almost all of the fast food doesn't even have chicken due to shortage and they only serve foods such as spaghetti. I thought at first there's something wrong like I immediately watch some news if there's something like a disease in the chickens or not. But there's none so in short they might got a shortage of supply from the branch itself or the place but it doesn't mean it's about the economic issue.

[xSkylarx]

In our country, there is no egg shortage, but way back a few months, I don't know if you heard this, we had a shortage of onions, and what makes me angry about that time is that the suppliers are controlling it; they are going to hoard it into their storage, where the price goes up, and then they will then sell it off at a high price. Even the farmer stated at that time that they keep selling and planting onions, so it is impossible to have a shortage, but the government really investigated it and found out there are big suppliers that are hoarding it, and then, in the end, no one got jailed or punished by law. The problem at this time is that consumers are struggling a lot, as it is really needed to cook.

[kryptqnick]

I know that the egg shortage was a thing because of a serious bird flu outbreak and the harsh policies related to it (if one bird gets sick, all the birds from the same unit are killed). That drew the prices up. But it affected the world unequally, being more pronounced in some places and less in others. Of course, there are always some local differences and some mismanagement that at times can create an abundance of a product (even if it's generally a shortage), leading to sales. It seems that 6 eggs in the UK tend to cost £1.5, and in my home country it's more like £1 (although it's also much more expensive than it used to be). If you get lucky once with a huge discount, it doesn't mean that the whole shortage thing is made up.

[hannahB4]

There was not an egg shortage at my place but egg prices increased and by this, I mean times two of the actual amount that we buy from when I ask for the reason it was said that the feed of the chicken is now expensive and that is why they try to cost it on the egg production by the chicken.

[be.open]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

Your topics are the cutest on bitcointalk, like a child playing on the seashore, finds a beautiful pebble and rejoices. Either you will win 50 pounds in a bond, then you will win a 100 pounds bonus from the bank, then eggs have fallen in price. I think you are a very happy person, able to notice the small joys of life and share them. Just keep walking.

[rat03gopoh]

In the area where I live, egg production is mostly done by cottage industries in an adjacent radius so that supply is only locally and very rarely experiences scarcity, with prices adjusted independently and almost no government intervention to set standard prices. Most consumers only look at the daily commodity news to get a fair price.

[bangjoe]

I thought there was a global panic over egg supplies.  

There's no panic about egg supply in my country. The price of eggs have gone up but it is still readily available for you to buy whenever you need it simply because so many people are involved in the agricultural practice of rearing poultry birds. It is easy to understand why the price of the eggs have gone up and it is because the price of poultry feed and transportation has also increased.  The egg shortage was due to

food shortages, rising energy costs, and bird flu

(https://www.standard.co.uk/news/uk/egg-shortage-supermarkets-bird-flu-cost-of-living-b1040104.html)

Rising energy cost will affect many farmers in the UK because they depend on it. Farmers in my country may not even be connected to any electricity grid, but have local methods of running a poultry farm effectively.

I think what you say is more logical, because basically the price increases in energy, we know that laying chicken breeders need a lot of necessities for maintenance, apart from electricity, feed and medicine today experienced a price increase, also including the cost of shipping which caused it financing of rising maintenance needs.
In my country, eggs also experienced a price increase, especially my family has a laying hens business, and he said his complaints because maintenance financing increased, but the most important thing was that eggs were still easy to find.

In conclusion that the rise of eggs, especially in my country is not because there is a hoarding or anything that makes the price of eggs rise, to be honest the price increases due to inflation in various sectors so as to make entrepreneurs raise the selling price, if they do not do that, they will suffer losses.
Even if there is a reduced supply to the market, it is likely that buyers/distributors reduce their purchase margin because the price is increasing which causes them to buy with certain limits.

The egg shortage was mostly in the United States but due to the media and everything it created A lot of panic like in the Covid toilet paper days and spread to other countries like Canada.

I heard in Canada we won’t have an egg shortage because what affected USA didn’t apply to Canada. However I would go shopping and people were stocking up on eggs. And they was quantity but it was low.

The problem went away after a few weeks and now supply is good.

If it happened like that, it is likely that there is a hoarding, disappearing some time later after a few weeks come back to the market as usual, even though it drops after an increase but usually will not return to the normal price before being jumped.
Or maybe what is done is a marketing strategy, which makes people panic and then prices soaring up to accumulate more profits, and think that scarcity is real but fake, it is only a framing so that people buy eggs.

[GeorgeJohn]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

Basically what causes this kind of issues is inflation and secondly its not a global issues, when course of things is high in a given country its actually the fault of the that particular country government, when price of perishable items and none perishables items get higher its quite obvious that inflation is ripping the country and another thing that triggers skyrocket of supermarkets price is when their is occurrence of additions of fees use in conveying their materials and raw materials to their site or base of business is high, and what contributions for increment of transportation is petrol or increment of gas for transportation, so it's very obvious that whenever gas is high it will definitely affect commodities, so I will say what you observed in your country is not a global challenge or a global problem from my perspective or understanding.

[Hamza2424]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a major Asda supermarket in Hampshire, England.

Hmm, I am not a food expert but such types of food items can't be stored for a long time, a very well know story in my region is if you are poor a very progressive way to make money and be rich is Chicling haha I am not sure are getting the term or not because I had googled it so please bear it with me, Pricing is a big deal as currently 1 USD + 303 PKR in my open market and from that pricing 1 egg =20RS around 15 eggs in 1$.

Its seasonal price is currently, Summers are ongoing at the peak of the time so eggs are cheap and they can cost around 25RS to 35RS in Winter to excess demand. The point is even if eggs are cheap we can't store them for more than 21 days in my general knowledge according to Asian Climate (the Freezing process) is another thing.

[Japinat]

Eggs are indeed a staple food for many people, and their importance in the diet contributes to their continued demand even as prices rise. Investigating the underlying causes of egg shortages can help identify specific factors contributing to the situation. It could be due to changes in production levels, disruptions in the supply chain, or other factors affecting the availability of eggs in your local market. Anyway, the increase in egg prices in your area is due to a combination of factors, including higher demand for chicken eggs compared to the previous year and potential constraints in factors of production. So when supply and demand are out of balance, prices can rise.

Pretty nice explanation mate and exactly thorough. In simple terms, there could some underlying factors in which explains and made the egg prices to increase.

It's not really a shortage or some manipulation because I believe that manipulating the eggs will be last resort for some businessmen as this kind of product doesn't last that long and will probably cost you some time, efforts and money just to figure out how to preserve it much longer unlike other foods/fruits/vegetables. Either way, the price hike of eggs is just temporary as I don't see any reason that it will not keep up to the supply and demand.

[Mpamaegbu]

It was normally $0.093 (NGN 70) per egg and a crate of eggs was around $2.8 (NGN 2,100) in a medium size eggs while larger size was around $3.1 (NGN 2,356) as of last year, getting to this year the price has suddenly increased to 30 percent, where a piece of $0.13 (NGN 100). I was like could it be that the request for chicken is much in a way that leads to the increase of the price?

That was a thorough market survey you did there as your analysis of egg prices are accurate. Yes, a single egg is N100 in today's price and that's like over 50% of what it was two years ago. Then a create of egg sold for N1,500 – N1,800.

However, there was a glut in the market early this year during the 2023 elections with that cashless policy that hit our country real hard. Most people didn't have physical cash to pay for eggs and most farms weren't accepting online transfers. So it was no business for them. Godwin Emefiele, the CBN governor, deserves a prison term for making Nigerians suffer unnecessarily (E nor go better for that dude). through that needless cash policy. So many farms had to bury eggs as they couldn't find market for that. It trended at the time. I don't think what we've in Nigeria with the egg situation is connected to any global egg scarcity. We don't import eggs. There's no egg shortage in Nigeria at the moment. What we've affecting egg price in Nigeria is the high cost of feeds because of inflation in the country.

[slapper]

Eggs are indeed a staple food for many people, and their importance in the diet contributes to their continued demand even as prices rise. Investigating the underlying causes of egg shortages can help identify specific factors contributing to the situation. It could be due to changes in production levels, disruptions in the supply chain, or other factors affecting the availability of eggs in your local market. Anyway, the increase in egg prices in your area is due to a combination of factors, including higher demand for chicken eggs compared to the previous year and potential constraints in factors of production. So when supply and demand are out of balance, prices can rise.

Pretty nice explanation mate and exactly thorough. In simple terms, there could some underlying factors in which explains and made the egg prices to increase.

It's not really a shortage or some manipulation because I believe that manipulating the eggs will be last resort for some businessmen as this kind of product doesn't last that long and will probably cost you some time, efforts and money just to figure out how to preserve it much longer unlike other foods/fruits/vegetables. Either way, the price hike of eggs is just temporary as I don't see any reason that it will not keep up to the supply and demand.

Are we gonna simply dismis the prospect of some under-the-table play in the egg trade? Every venture has its cloak and dagger stuff, doesn’t it? I concur, eggs spoil fast which kinda makes foul play less plausible, but let's not hit the ignore button on the chance just yet!

Can we really close our eyes to the ripple effect of extreme farming? Certain quick-profit hounds might be pushing their poultry to breaking point, inducing a glitch in the supply flow. And, haven't we considered the ripple effects of pandemics? Bird flu flare-ups can throw a monkey wrench in the egg supply and send prices sky-high!

Your positive stance that this price hike is just a blip is commendable, but aren't we downplaying the role of climate change on food production? So, while it's appealing to bank on the good ol' supply-demand equatoin to self-correct, perhaps we're sipping a bit too much of the optimism Kool-Aid.

[SmartGold01]

It was normally $0.093 (NGN 70) per egg and a crate of eggs was around $2.8 (NGN 2,100) in a medium size eggs while larger size was around $3.1 (NGN 2,356) as of last year, getting to this year the price has suddenly increased to 30 percent, where a piece of $0.13 (NGN 100). I was like could it be that the request for chicken is much in a way that leads to the increase of the price?

That was a thorough market survey you did there as your analysis of egg prices are accurate. Yes, a single egg is N100 in today's price and that's like over 50% of what it was two years ago. Then a create of egg sold for N1,500 – N1,800.

However, there was a glut in the market early this year during the 2023 elections with that cashless policy that hit our country real hard. Most people didn't have physical cash to pay for eggs and most farms weren't accepting online transfers. So it was no business for them. Godwin Emefiele, the CBN governor, deserves a prison term for making Nigerians suffer unnecessarily (E nor go better for that dude). through that needless cash policy. So many farms had to bury eggs as they couldn't find market for that. It trended at the time. I don't think what we've in Nigeria with the egg situation is connected to any global egg scarcity. We don't import eggs. There's no egg shortage in Nigeria at the moment. What we've affecting egg price in Nigeria is the high cost of feeds because of inflation in the country.

That is true sir/ma.. It was around that price you made mentioned.
He (Godwin) made us go through unnecessary hardship in the country also I think the Nigerian Naira redesign also catapulted the increase in food stocks and yet till today there isn't a way to normalized those food prices to previous, as always said by 9ja ( Any tin wey go up no dey gree cum dan for we kontri) that's to say our country has broken the law "the Universal Law of Gravitation, by Isaac Newton".
But come to think of this, I m still shocked to see that egg price has suddenly increased in this manner.

[The Sceptical Chymist]

I heard about said egg shortage but since I so rarely eat eggs I haven't been following it closely.  But I'd suggest that the fact that you got some eggs on the cheap might be a result of the situation changing and the media not following up on the story of Massive Egg Inflation.

That's one possibility, and it came to mind only because I haven't been hearing much about supply chain shortages, COVID, or the war between Russia and Ukraine.  The mainstream media has a longstanding habit of following a breaking story for a while but not until things have resolved.  Note: I don't really follow the news these days, so those things I mentioned could still be in the headlines but they haven't been in the recommended vids on YT anyway.

So Jet Cash, eat them 21 pence eggs and party like it was 2015, 1999, or whatever your year of choice is.

[ancafe]

The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

Prices can be manipulated by anyone and supply may be the reason why egg prices fluctuate so quickly than usual. I've seen an educational video about products that are sold separately at different prices, basically the same price issued by the drinking company. If you have ever traveled abroad and compared it to the class of mineral water sold by airlines it is much different from the prices sold in other places.

This shows that prices can be manipulated by anyone according to their wishes and the place will be a reason why people never complain why prices can be different like usual places. The problem of eggs in my country is still quite stable and there is still abundant stock available at prices that are still standard.

[hugeblack]

The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off.

In my country, the price is about 1 dollar for 6 eggs. I do not know where they are imported from, but it is noticeable that food prices are stable this year, as I remember that the cost was about 1.4 last year.
In general, as an oil-exporting country, the increase in the price of oil and the strength of the dollar led to a noticeable decrease in the value of inflation, which reflected positively on the prices of most things now. It is almost cheaper than about 3 years ago, and perhaps it will continue until the end of the world.

Therefore, I do not know if there is manipulation, as it is on a global level, greater than England.

[Lucius]

I wasn't upset about the fact that the eggs have gone up in price, since everything else has become more expensive and whichever egg producer you ask why the eggs are more expensive today than two years ago, he will probably give you similar reasons.

What many cite as the reason is that the prices of poultry feed have increased, and of course fuel, electricity, water and veterinary services have gone up - and accordingly, the end product must be more expensive. Of course, there is also the situation with bird flu, which has been ongoing for years, and in some periods it intensifies in some areas, which leads to the fact that entire farms of laying hens have to be euthanized.

In addition, eggs are not what they used to be, not only because of the way poultry is kept, but also because of the quality of the food they feed on, and accordingly the nutritional value of such eggs is decreasing, and I believe that many eggs barely show the minimum limit of health safety.

[Cling18]

In our country, there haven't been an egg shortage but the price of it is continuously increasing each week. I'm not sure if it's being manipulated or it is just because of the inflation crisis that people now are just consuming eggs more often to save money. Just like what happened last year, the price of cooking oil has increased that burdened lots of ordinary citizens. These situations has been happening with different important products which makes people suffer but we can't put the blame on the government alone because we all know that we are also affected by the global crisis.
However, trust issues are rising in our country, since there have been an onion shortage last year and we found out that some suppliers are hiding their products in different warehouses so they could manipulate the price through shortage. I think it is something that we cannot control since some business owners want to make more money regardless of its effect on their consumers.

[GiftedMAN]

I don't think global shortage is the reason why the price of egg has suddenly increased but seeing this thread  I think my mind just recalled to the amount which I bought a create of egg today and the reason behind the increase in price of egg. I paid 3000 Nigerian naira which is equivalent to $4. The response behind the sudden increase in price of the bird feed and I doubt if a country will experience egg shortage when there are I individuals who's daily income come from the poultry where the egg is also harvested.

[Darker45]

I heard of the same concern in the US. There are also complaints here in my country of egg shortage and its rising price. But I doubt we all share the same reason.

In my country, what I heard is that the feeds for layer chickens are getting expensive. That and other expenses. Why they are all increasing I know not. I actually wonder why because I thought the ingredients of these feeds could be sourced locally. I don't know, perhaps much of these are imported. Or is this another artificial shortage?

[yhiaali3]

The same thing here in my country, the price of eggs has increased by about 3 times. I think it is related to inflation first and to the increase in the price of feed and materials needed for the production of eggs and poultry.

As you know, due to inflation, the prices of all these materials rose, which caused the price of eggs to rise dramatically. Because of this high rise, the demand for eggs decreased and many poultry breeders were forced to close their facilities because they bear the high costs that cause them losses with the lack of demand.

[Cookdata]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

It would have been easier for others to know the total number of eggs so they can relate the price to their own price because here in my country, eggs are not sold in boxes but on create and each creates of eggs contain a total of about 30 eggs are they are been sold for $3.2, that's from my conversion from local currency to USD and looking at that price in global level, it looks cheap and affordable at a consumer price, the retailers and wholesales price is way cheaper than this price; if you go to layers farms to get the eggs yourself, they are even more cheaper than this price.

[Renampun]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

the manipulation of the distribution of foodstuffs is a real thing. usually the distributors will hold their food stocks to make price increases in order to increase their profits and create high demand in the community. and it seems that the government can do nothing about this even though they are aware that there is manipulation in the distribution and price of food.

I remember that in my country usually those who distribute eggs from farmers are certain people who win the tender. they will usually play the price to be able to determine the price according to their profits. when there are sellers who sell eggs below the market price, they will monitor these sellers and intervene as much as possible with these sellers. so it's not surprising that these sellers don't dare to sell eggs below market prices because they're afraid they'll be intimidated by the distributors.

[xSkylarx]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

It would have been easier for others to know the total number of eggs so they can relate the price to their own price because here in my country, eggs are not sold in boxes but on create and each creates of eggs contain a total of about 30 eggs are they are been sold for $3.2, that's from my conversion from local currency to USD and looking at that price in global level, it looks cheap and affordable at a consumer price, the retailers and wholesales price is way cheaper than this price; if you go to layers farms to get the eggs yourself, they are even more cheaper than this price.

Eggs in your country are very cheap, for sure. There are tons of chickens there, or poultry, because in our country they are sold by the pc, which is around $0.16, and by the tray, which is 24 eggs on a tray, averaging around $3.5. We are in the provinces, but we have tons of poultry here, so the price is still the same. Eggs have a really different price in the world, which for us is kind of expensive, even though we are in a third-world country where the minimum wage per day is around $9.

[pooya87]

We are in the provinces, but we have tons of poultry here, so the price is still the same.

It is not always about the number of poultry but the production cost. These poultry "farms" need electricity, heating/cooling, vaccination and most importantly food. Due to inflation and energy price rises the production cost has gone up everywhere, on top of that because of the food crisis the animal feed has gotten more expensive over the past year (despite the ups and downs it is still more expensive compared to 1.5 years ago).
This is why the egg price has gone up in most countries.

[flyingcarpet]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

I guess it depends where you're living. If there's a shortage in your area then that's for sure will make the price higher. AFAIK, when the war of Russia and Ukraine has started it was like a domino effect coming from grains, flour and other ingredients and then almost everything went up.
I also started to feel that the eggs can't skip that effect because it has increased a few cents where I am buying that. It's doubled the amount from how much I was buying it before but then it was just cents.

It may vary from region to region. Sometimes there can be instant price fluctuations. They say there is no supply right now and raise the price. It is a bit difficult to prevent this because they can set prices instantly according to their minds. As you said, after the Ukraine-Russia war started, there were problems in the supply of grain products and prices increased a lot. Then it returned to normal. Even when it normalized, the price remained higher than before.

In general, I would say that the problem is not scarcity but transportation. Because these products exist somewhere and they are waiting to be sold.

[xSkylarx]

We are in the provinces, but we have tons of poultry here, so the price is still the same.

It is not always about the number of poultry but the production cost. These poultry "farms" need electricity, heating/cooling, vaccination and most importantly food. Due to inflation and energy price rises the production cost has gone up everywhere, on top of that because of the food crisis the animal feed has gotten more expensive over the past year (despite the ups and downs it is still more expensive compared to 1.5 years ago).
This is why the egg price has gone up in most countries.

You are right, even if there are tons of poultry, if the feed or food for the chicken is very expensive, it will still affect all the prices; it is not all about the quantity of it. Also, we are in a tropical country, and we always have storms and typhoons that affect us and lead to loss of electricity and water. Additional to that, our road to market from the farm is not that good, as they can't just put up poultry in the city; they really need to put it in a remote area.

[zaim7413]

This panic is only limited to domestic, does not impact on the global. When the price of eggs is above normal, it does not mean that poultry are starting to be lazy to lay eggs. There are third parties who are manipulating the market, which makes the price of eggs in your country so expensive. Poultry farmers in my country still use natural methods, they build poultry houses on the edge of ponds that are not maintained. Some of the staple food is supplied from feed and some from sources in the pond.
People around where I live are still able to buy eggs even though they are in economic difficulties because the price is still very affordable. We who live in the village prefer to shop at traditional markets rather than shopping at supermarkets because the prices are much cheaper. Healthy trade competition in traditional markets allows us to buy at low prices.

[Bialke]

It is called "pig circle". In Germany it is about eggs, milk and grain.

[Faisal2202]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. .....

Nooo! there was no egg shortage globally as there was no shortage in my country. I can predict after reading your post, that, there must be some kind of fud or egg market manipulation in your region to convince people to buy high or buy more when eggs were at a lower price, this would increase the demand over supply and thus the price will automatically increase.

I have seen so many immoral techniques like these in my area, for example, once private Oil providers came to a single agreement of increasing prices high and the government did not want that, so what the petrol pump worker did, they hide the big amount of oil just to increase the demand and decrease the supply so that government has to increase the prices of oil then.

There is sugar fud, there is oil fud, there are clothes fud, etc. Many fud had took place in our area and now i always remained calm and happy with what I have and never fall prey to these FOMOs in the market (local market). So, yes there is no shortage of eggs as hens are working very hard day and night (haha).

[karabiber]

I heard of the same concern in the US. There are also complaints here in my country of egg shortage and its rising price. But I doubt we all share the same reason.

In my country, what I heard is that the feeds for layer chickens are getting expensive. That and other expenses. Why they are all increasing I know not. I actually wonder why because I thought the ingredients of these feeds could be sourced locally. I don't know, perhaps much of these are imported. Or is this another artificial shortage?

Bird flu which was effective in the USA last year according to the news, tripled the prices of chicken and eggs. Although there are inflation effects on egg prices and other products, prices increase very quickly in bird flu like situations. People killed chickens to prevent the epidemic and the problem of egg supply arose. Low supply leads to price increases, but due to the prevention of bird flu, stabilization of demand the increase in stocks again and the moderate course of inflation, egg prices will decrease.

Dollar based prices are very cheap in the country where i live but if you try to buy something in national currency, everything is very expensive. Egg is one of them. Actually one of the main reasons why egg prices are expensive in the country i live in is the very high feed prices and vaccine prices. A significant portion of raw materials such as corn and soy used in feed are imported. All vaccines for animals are imported. Providing feed and vaccine with domestic raw materials has the effect of reducing egg prices in my country.

[mvdheuvel1983]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

In my country, there is no shortage of eggs rather the prices have tripled over the last 6 months. The is the result of rise in the cost of feed to give the birds and high cost of production as well. But then we can't complain because in the next 2 -3 months the price may go up by 5%. Nothing we can do about it. If it were easy, I would raise my own birds in the yard but it ain't.

[coin-investor]

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

That's not the case here in our country I'm glad that it's not, I consumed 5 eggs daily, and it cost the equivalent of $5 per tray, there's an increase of 2%, and during holiday seasons our government is controlling the price of eggs its consider a prime food commodity but the poultry industry sometimes suffer from disease like Avian Influenza which causes shortage which makes the price increase.

There's always the manipulation of the price of food like rice, chicken, and meat and vegetables because there are always greedy businessmen who will manipulate the supply to increase the price.

[philipma1957]

I prefer jumbo or largest sized eggs.

Summer 2021 $1.59 to $1.89  USD per dozen

Jan 2023 $6.99 to $7.19 USD per dozen

June 2023 $2.16 to $2.36 per dozen


I know for a fact as I know a local large egg farm that feed cost was mooned to them.

3x the price for feed.

Feed prices dropped Around April 2023 and eggs prices are close to normal.

This is central New Jersey, USA

the egg farm is:

https://www.puglisiegg.com

[dezoel]

I believe that an increase in price is a sign that there is an upcoming shortage because there are lots of demands but the supply is only short. If the increase was times two from its previous price, then that is a huge increase in its price. Maybe you will need to avoid eating eggs for a while until their price normalize again. Or you can try to produce your own eggs buy buying a chick and start raising it.

It's a big hassle but it's going to be worth it at the end. I'm lucky that I was one of the unaffected areas because the price of the eggs here are still the same. Last time there was a small increase but it didn't take long for its price to revert to the original one.

[DaveF]

There was a spike at least in certain areas in the US where the bird flu hit hard earlier this year. Add in a bit of increased demand and top it off with the panic buying from the doomsayers and prices really popped.
However, in large areas where there was no flu and a large amount of local suppliers there was no large uptick.
Add in some places that had locked in firm price contracts with farms and some places never saw an increase.


But the news could pick and choose what they want to show.
From my post 3 years ago at this point: https://bitcointalk.org/index.php?topic=5254433
You could scream how expensive gas is / was by just showing the Mobil.
But across a small street.... 50% less



Same with eggs. Or just about anything else.

-Dave

[Aanuoluwatofunmi]

I thought there was a global panic over egg supplies.

Even if there's something of such occurrence there's nothing to worry much about it because there are other alternatives to the supply of proteins in food nutritional balance, but the rate of birds production in poultry will drop and there may be an increase in demand for protenouse food items like chicken and many more.

Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off.

We need adequate information on food items like this together with other things we buy and sell because if we are not well informed on the current situation, they may take advantage over us by inflating the prices , everyone is now on the run of taking advantage over each of other this season for their own personal survival.

[AicecreaME]

Nope, they are just limiting the supply of eggs so that they can increase the price. There's a lot more tricks going on to the society to battle inflation and the poor are the most suffering from this. The government always to ignore this kind of issues as long as they are getting money from it. Sad thing is a that as the days goes by, everything is not getting any better, but it is the other way around.

[Wend]

I believe that an increase in price is a sign that there is an upcoming shortage because there are lots of demands but the supply is only short. If the increase was times two from its previous price, then that is a huge increase in its price. Maybe you will need to avoid eating eggs for a while until their price normalize again. Or you can try to produce your own eggs buy buying a chick and start raising it.

It's a big hassle but it's going to be worth it at the end. I'm lucky that I was one of the unaffected areas because the price of the eggs here are still the same. Last time there was a small increase but it didn't take long for its price to revert to the original one.

The increase in egg prices only occurred in one country or several regions, not a major crisis like the grain crisis many countries experienced when the war broke out. I live in a rural area, and we even have eggs left over to use and can give our neighbors for free, let alone raise the price of eggs. But there were many unbelievable things when the economic crisis happened, there were many shortages that no one thought of, I remember there was also a topic about how they couldn't buy onions because of the high price.

[mich]

I think I am lucky and did not see so much of price increase for eggs. For me to get 1 dozen grade A eggs at the market will cost me $5.00.

But I am lucky and have a family friend who lives on a farm. Once a week he will drive to my town and he sells his eggs for $2.00 for 1 dozen. The eggs are a different color but he says it is how the chickens hatch them. I am lucky there is no big egg shortage, because I eat eggs for breakfast lunch and dinner.

[Fiatless]

Nope, they are just limiting the supply of eggs so that they can increase the price. There's a lot more tricks going on to the society to battle inflation and the poor are the most suffering from this. The government always to ignore this kind of issues as long as they are getting money from it. Sad thing is a that as the days goes by, everything is not getting any better, but it is the other way around.

Sometimes I don't blame some of these businesses for devising means to increase the price of their products. The cost of production of these good have increased rapidly. The price of fuel and electricity has increased so much that most of these industries are running at loss. The bottle and sachet water production industry of my country just decided to increase the price of their product. They can achieve it because they have unions that ensures that every producer abides by the price hike. Trade unions and associations are important means of cutting production and increasing price. And example is what OPEC+ usually do: cutting production which leads to price increase. They have made bottle water scarce now and we are forced to buy it. We are forced to buy it because we don't have other means of getting clean water.

But sometimes these trade unions become very powerful that regulators cannot control them anymore. Due to this influence they start exploiting the masses. It is the responsibility of the government to control the price of products based on the current inflation rate. Unnecessary increase in the price of product should be checked. Regarding egg, getting few layer fowls that produces eggs will not be a bad idea. But this will be possible if you have space in your house. Egg is a major protein source that is important to both children and adults, making it expensive can lead to malnutrition mainly in children because some poor homes might not afford it.