alt Hacker News> The egg price is due to the H5N1 epidemic
No, it's not. But that's what the egg companies want you to believe. In truth the number of egg laying hens is only down about 5% total since the beginning of the epidemic.
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crocowhile • yesterday at 10:43 AM
Oh FFS the conspiracy of the egg companies it's a new low.
160M chickens were found affected so far. More culled.
https://www.cdc.gov/bird-flu/situation-summary/data-map-comm...
Most chicken in the USA are raised for meat. There are only 300 millions that are raised for eggs laying so those numbers are staggering.
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You don't know the elasticity of the market. I can imagine restaurants, food producers and consumers are very eager to get their weekly box of eggs. So even a 5% drop can cause a price jump that's way more.