Submitted by Ability2canSonofSam t3_10o4yat in explainlikeimfive
Comments
Sunion t1_j6ckngt wrote
>The dynamic is primarily due to a severe outbreak of bird flu in the U.S. — which has killed many egg-laying hens but has largely left chickens raised for meat production unscathed, according to economists.
https://www.cnbc.com/2022/11/11/why-egg-prices-are-surging-but-chicken-prices-are-falling.html
[deleted] t1_j6cl0zv wrote
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[deleted] t1_j6cl8f4 wrote
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FriedMule t1_j6cmqmr wrote
In Denmark is a typical small chicken breast insanely expensive, I think they have reached the price of what a fairly great steak costed before all off this.
I can no longer afford chicken, unless it is some frozen off cuts.
Megaminder123 t1_j6cnmdn wrote
Went to the store, 6€ for 300 grams of steak, 6.50€ for 500 grams of chicken. Ridiculous
swimminscared t1_j6cp36j wrote
Chickens raised for meat and those kept for eggs are totally different birds requiring different operations. The flu spread through egg laying facilities, not meat ones.
NekuraHitokage t1_j6cr93x wrote
> The American Egg Board has blamed the price rise on an unprecedented outbreak of H5N1, a particularly virulent strain of avian flu that has a near 100% fatality rate among birds. This reduction in supply of egg-laying birds has sent prices soaring. But one farmer-advocacy group accuses major egg producers of gouging prices in a “collusive scheme” aimed at increasing profits.
> The group, called Farm Action, examined publicly available financial data from the egg industry. In a letter calling on the FTC to investigate record prices, Farm Action determined that the avian flu outbreak had only had an “apparently mild impact on the industry”, generally lowering the average size of an egg-laying flock by no more than 6% compared with 2021.
> “Egg prices in the grocer store have on average tripled for consumers since last year,” said Angela Huffman, Farm Action’s co-founder and vice-president. “Dominant egg corporations are blaming inflation and avian flu for price hikes, but if they were only raising prices to cover this cost, why are they raking in fivefold product margins? ”
Could be avian flu. Could be price gouging. It's probably both. Avian flu and inflation gave them reason to increase price, someone somewhere went "nobody knows how much an egg costs, let's really crank the price, we have excuses." And here we are.
Wild_Top1515 t1_j6crpre wrote
cause they killed all the chickens? they got bird flu and they killed the fuck out of them.. definetly been some cheap chicken out there.. was at freddies a week or so ago anyhow.
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fuzedz t1_j6csvzs wrote
America also has heavily subsidized meat industries. Our steak and chicken and pork are insanely cheap compared to other countries.
FriedMule t1_j6cuv01 wrote
Just right now found out that pork liver and pigtail is more expensive than pork belly!!
FriedMule t1_j6cvn1k wrote
Add to that, your government allows meat that no country in Europe is allowing. Your meat can be produced a hell of a lot cheaper. :-)
Epic_Ewesername t1_j6d57o2 wrote
It’s currently 22 dollars for a pound of chicken where I am. I used to eat a lot of chicken, now I’ve started a garden and grow my own foods. It’s healthier, sure, but this is all a little scary because I’m about maxed out. I already make my own clothes, I make my own paper, hell I even 3D print pieces to things that get broken because it’s cheaper than ordering the parts. If it gets much worse… I have very little wiggle room. :(
byfpe t1_j6ck3pz wrote
Its been discussed in recent post here in reddit ELI5 recently. I understood the chickens are not the same. Egg laying chickens were affected by a flu up break, what unbalanced the market (less offer for the same demand) but its not the case for “meat chickens “. 2 different businesses.