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.