Summary

Egg producers blame the bird flu outbreak for record-high prices, but critics argue dominant companies are exploiting supply shortages to boost profits.

With over 166 million birds culled and egg layers significantly reduced, prices surged from under $2 to nearly $5 per dozen.

Egg supply is down only 4% from last year, yet profits have surged. Cal-Maine Foods, supplying 20% of U.S. eggs, reported a $219 million profit in the last quarter, compared to just $1.2 million before the outbreak, a 18,150% increase.

Lawmakers and advocacy groups are calling for a government investigation into potential monopolistic practices.

  • The_Caretaker@lemm.ee
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    2 days ago

    A DIY chicken coop is starting to look like a goldmine. It would pay for itself in a month or two. If you can repurpose some skids / pallets you can build one really cheap. Chicken feed doesn’t cost much.

    • Texas_Hangover@sh.itjust.works
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      2 days ago

      I have experience with backyard chickens. Its a wonderful experience, chickens are surprisingly cool critters. And you will get the best eggs you’ve ever had. But you won’t be saving any money lol. Still worth it.

        • Dr. Moose@lemmy.world
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          1 day ago

          It entirely depends on your infrastructure. I was house sitting a large estate once that basically had 0 upkeep costs for their chicken as they’d go and find most of their own food and there were no natural predators nearby. It was literally free eggs sort of deal.

          People who have rice fields for example have 0 upkeep ducks that just go to the field and eat all of the critters there so not only you get free eggs and duck your rice maintenance is easier!

      • Shardikprime@lemmy.world
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        2 days ago

        Chickens are notoriously delicate.

        Most people who think on doing this and succeed really love chickens and have a good way with understanding animals and the value of a life. It’s not for everyone