
05-03-2022, 09:23 AM
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Sage
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Join Date: Feb 2020
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Quote:
Originally Posted by MartinSE
4 million chickens is less than 1% of the chickens, it is not the reason. The BIG reason, in my not so humble opinion, and it is opinion, I have not looked into it, is fuel and feed prices are hitting the egg farmers.
I listened to an NPR article interviewing a farmer in New Mexico the other day, his year over year cost of diesel fuel when from $6,000 to $16,000 and fertilizer more than doubled since last year.
We are in a pretty high inflation period, that is possibly due to so much money being dumped into circulation because of the pandemic. It was the right thing to do, might have been done better. Now, I fear draconian measures are going to be put in place to stop the inflation and we will see a serious recession next year. But, that is just my opinion, I am not an economist.
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Understand the price of eggs going up by some amount but 3x is more than costs going up.
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