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Johnny555last Thursday at 5:29 PM1 replyview on HN

Is H5N1 the cause of current egg prices, or an excuse? From the article:

Egg prices may be impacted for reasons beyond the scarcity of laying hens due to bird flu. Farm Action, a farmer-led advocacy group, has written to the Federal Trade Commission and the Department of Justice, requesting an investigation into “potential monopolization and anticompetitive coordination” by the egg industry. “While avian flu has been cited as the primary driver of skyrocketing egg prices, its actual impact on production has been minimal,” the group wrote. “Instead, dominant egg producers . . . have leveraged the crisis to raise prices, amass record profits, and consolidate market power.


Replies

xboxnolifestoday at 5:33 AM

10% of all egg laying chickens in the US have been lost due to H5N1. And people will still pay $8 for a dozen eggs instead of eating something else for a few months, so of course there are record profits.