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re: The DowJones Industrial Average AND the S&P500 Index both closed at record highs today

Posted on 1/20/24 at 11:14 am to
Posted by LSURussian
Member since Feb 2005
127276 posts
Posted on 1/20/24 at 11:14 am to
quote:

But because eggs are up around 70%
Egg prices have dropped by over 50% in the last six months of 2023.

The big spike in egg prices in early 2023 was because so many producing chickens had to be destroyed to control the avian flu outbreak.

Egg prices are almost back down to where they were prior to the avian flu outbreak.

Today a dozen eggs costs around $2.00-$3.00/dozen, down from about $5.00/dozen last January.

The whole "egg prices are out control" mantra is way over blown today.
Posted by Decisions
Member since Mar 2015
1493 posts
Posted on 1/20/24 at 11:21 am to
quote:

The big spike in egg prices in early 2023 was because so many producing chickens had to be destroyed to control the avian flu outbreak.


Slight sidebar here, did anyone else think it suspicious that as the US-China trade war got going in earnest that they suddenly started having rolling swine flu outbreaks decimating their herds and we had avian flu and multiple meat/food processing plants go up in flames?

Just an interesting coincidence, I thought.
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