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Tonaia t1_jefh8am wrote

Reply to comment by key-wavelength in Fed inflation gauge February 2023: Core PCE up 0.3%, less than expected by bambin0

I don't disagree. The context of that particular story does matter though. Cal-Maine Foods could have taken a smaller profit, but they didn't. They took full advantage and exploited the supply shock, but they could only do that because they didn't lose any production themselves.

Their unwillingness to step back from profit kept the egg prices high.

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