Quote:
Originally Posted by Villages Kahuna
I don't know about the price of eggs, but the cost of restaurant quantities of bacon supplied by CISCO has quadrupled in price--from $22 to $88 per box.
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I don't know if this applies, but it seems it would.
A year or so ago there was a shortage of toilet paper. The reason was that people were staying home, and not going out as much. So, they were using more toilet paper at home and less at businesses - like convince stores, restaurants, offices, etc. The entire supply chain was disrupted because the two types of toilet paper have different requirements.
So, there was a surplus of commercial toilet paper and a shortage of home toilet paper. This resulted in a rise in prices until the suppliers changed their production lines. Most producers schedule on a "just in time" schedule and a disruption takes a while to recover from.
I expect the same is true of commercial food products - eggs, bacon, etc. With people for so long not going to restaurants the supply chain adapted to the lower demand. Now, we have a green light to go out, and a lot of people have all the pandemic money they got, so restaurants are seeing a rise in customers, and that drives demand, and the supply chain will take a while to react - and until the prices will soar.