I thought there was an egg shortage.

[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.

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[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.