mumblethrax
Species traitor
- Joined
- Apr 5, 2004
- Messages
- 5,000
Eggs are a staple food, and therefore are an inelastic good. A small disruption in supply results in significantly higher prices.It's absolutely ridiculous that egg prices are this high. And even if the FDA ordered the destruction of 100 million chickens because of bird flu, (not saying he did, that wouldn't explain it. We kill probably 50 million chickens daily for chicken meat. And a chickens start laying eggs from 4 to 8 months of age. Depends on the breed. At most, we're talking about a few months disruption of the supply of eggs. Chickens are prolific at reproducing. Something else is going on.
I don’t see any reason to believe there’s something else going on. This probably could have been avoided with better supply management, but that’s not what we do here, apparently.