I thought there was an egg shortage.

[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.

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[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.