Egg prices

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tmiles
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2019/06/21 09:56:52 (permalink)

Egg prices

WalMart is selling eggs at 99 cents a dozen. Egg farmers must be taking a beating. Metro will give a better lesson than I, but I remember a little from economics. Eggs are a product that people don't change eating habits over because of an increase or decrease in price, so the price swings can be crazy over minor changes in production. A few months ago eggs were "expensive" ( maybe $3 / doz as I remember?), so growers responded with more supply. Will farmers ever learn??
 
The only farmer that I know who plays the system well has the capacity for 1000 cows. When milk prices are high, he sells cows, and runs as few as 50, to keep his hand in the game. He buys cows (cheap) when milk prices are low. I used to see him when I bought wholesale, bulk, corn for my sheep. Now that I have just a few sheep (and soon none) I don't go out to his farm any more. I don't know what he is doing in the currant dairy long term, down turn.
#1

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    JRPfeff
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    Re: Egg prices 2019/06/21 09:59:29 (permalink)
    tmiles,
     
    I believe a lot of chickens were euthanized a few years ago to prevent the spread of a virus. The egg laying population must be back to production levels.
     
    jrp
    #2
    leethebard
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    Re: Egg prices 2019/06/21 11:06:44 (permalink)
    Prices are indeed going down. Paid $1:19 for a dozen Extra large.
    #3
    ScreamingChicken
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    Re: Egg prices 2019/06/21 12:45:02 (permalink)
    tmiles
    WalMart is selling eggs at 99 cents a dozen.

    Are they imported from China?
     
    Now that it's just Mrs. C and myself we don't go through a lot of eggs, so I don't mind paying a couple of dollars extra to buy good ones from Phil.
    #4
    leethebard
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    Re: Egg prices 2019/06/21 14:03:25 (permalink)
    ScreamingChicken
    tmiles
    WalMart is selling eggs at 99 cents a dozen.

    Are they imported from China?
     
    Now that it's just Mrs. C and myself we don't go through a lot of eggs, so I don't mind paying a couple of dollars extra to buy good ones from Phil.


    Check the packaging date on the box. Good eggs are good eggs. Ours were free rage, and for supermarket eggs, recently packaged.
    #5
    MilwFoodlovers
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    Re: Egg prices 2019/06/21 14:06:49 (permalink)
    Aldi's was selling them for 49 cents/dozen and Cermak foods was selling XL 18 ct. for 99 cents.
     
    Edited to add that we did eat lots more-deviled eggs, egg sandwiches, etc.
     
    post edited by MilwFoodlovers - 2019/06/21 16:27:44
    #6
    leethebard
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    Re: Egg prices 2019/06/21 14:31:31 (permalink)
    MilwFoodlovers
    Aldi's was selling them for 49 cents/dozen and Cermak foods was selling XL 18 ct. for 99 cents.
     



    #7
    scrumptiouschef
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    Re: Egg prices 2019/06/21 17:01:18 (permalink)
    Canseco's here in New Orleans had them for .79c a dozen. We bought seven cartons. They get gone quick if you make breakfast seven days a week.
    #8
    MetroplexJim
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    Re: Egg prices 2019/06/21 20:58:16 (permalink)
    tmiles
    Metro will give a better lesson than I, but I remember a little from economics. 

     

    Fact is, you answered your own 'question' by relating how your cattle-owning friend reacted to the relative prices of milk and meat.  The poultry folk behave in a similar fashion in response to changes in the relative prices of meat v. eggs.
     
    And, you did it without any use of the terms: price elasticity of demand / supply. 
     
    #9
    tmiles
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    Re: Egg prices 2019/08/04 11:25:38 (permalink)
    Eggs are now as low as 69 cents a dozen. I note that Tractor Supply, a farm store for "lifestyle" farmers sells just the carton (to put your home grown eggs in) at 49 cents each.
     
    It is also a bad year for the Michigan tart cherry crop. Imported Turkish cherries cost less than what it costs just to pick and pack in Michigan.
    #10
    1bbqboy
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    Re: Egg prices 2019/08/05 15:43:41 (permalink)
    Damn Turks!
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