Wed Jan 25, 2023, 06:42 AM

riversedge (64,909 posts)

Egg price spike prompts demands for price-gouging probe

Source: raw story

January 24, 2023 / 6:31 PM / CBS/AP

With egg prices more than doubling in the past year, calls are coming for an investigation into possible price gouging.

U.S. Sen. Jack Reed sent a letter Tuesday asking the Federal Trade Commission to investigate whether egg prices have been improperly manipulated by producers. A farmer-led advocacy group called Farm Action made a similar request last week arguing that there "appears to be a collusive scheme among industry leaders to turn inflationary conditions and an avian flu outbreak into an opportunity to extract egregious profits."

Egg prices have soared 60% in a year. Here's why.
Customs officials are seizing eggs at the U.S.-Mexico border

The spike in egg prices has been attributed to the millions of chickens that were slaughtered to limit the spread of bird flu and farmers having to compensate for inflation driving up their costs......................

Read more: https://www.cbsnews.com/news/egg-prices-price-gouging-senator-jack-reed-probe/

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45 replies	Author	Time	Post
Egg price spike prompts demands for price-gouging probe (Original post)	riversedge	Jan 25	OP
And here, I thought it was all just because	KPN	Jan 25	#1
Nobody wants to work anymore	IronLionZion	Jan 25	#21
Latest RW conspiracy theory	Pete Ross Junior	Saturday	#44
Too funny!	KPN	Saturday	#45
Gasoline prices have started sneaking up here in Texas--up 12 cents a gallon over last week.	Lonestarblue	Jan 25	#2
Why are egg prices soaring, but chicken	True Blue American	Jan 25	#3
I guess we know now	Delarage	Jan 25	#6
:)	True Blue American	Jan 25	#14
Two different types of chickens: layers and fryers	Bristlecone	Jan 25	#19
Thanks	True Blue American	Jan 25	#25
Quik Trip jacked the price 21 cents in two hours on Monday here in Wichita	Bengus81	Jan 25	#5
And when they get done with that GOUGING probe there's hundreds more...	Bengus81	Jan 25	#4
Agree!	nightwing1240	Jan 25	#7
Yes gouging all around.	Owl	Jan 25	#8
Well that happens because the ones running the corporations care only about their shareholders	cstanleytech	Jan 25	#17
+1	dalton99a	Jan 26	#40
Were $ 1.39 now $4.59. A 60% increase.	twodogsbarking	Jan 25	#9
Uhm...that's more like a 300% increase	radicalleft	Jan 25	#12
It is government math. The government that keeps track of classified	twodogsbarking	Jan 25	#13
LOL...good one	radicalleft	Jan 25	#23
Eggs are treated like oil	rickford66	Jan 25	#10
If cleaned and stored properly, eggs can last about 6 weeks	IronLionZion	Jan 25	#22
Eggs are down here in Northeast Ohio...3.49 at Giant Eagle which last week was higher	Demsrule86	Jan 25	#11
Southwest	True Blue American	Jan 25	#16
Eggs in my area have been plentiful and there have been zero shortages in my area at all.	cstanleytech	Jan 25	#15
Hey Sen Reed, IT AIN'T JUST EGGS!!	Ferrets are Cool	Jan 25	#18
Republicans allow oil companies to gouge us all the time.	The Jungle 1	Jan 25	#20
If people would boycott eggs for two weeks all this bullshit would end	Bengus81	Jan 25	#24
60%? More like 500%	bucolic_frolic	Jan 25	#26
Inflation is ALWAYS code for profit maintenance or increase.	jaxexpat	Jan 25	#27
Where is Teddy Roosevelt when you need him? Any TR's in waiting in the Dem party?	Pepsidog	Jan 25	#28
Eggs are an important source of Protein and the cheapest	randr	Jan 25	#29
It's due to a virus	DownriverDem	Jan 25	#30
Egg producers profits have soared.	Mosby	Jan 25	#31
I live in a state where eggs are still cheap protein	Warpy	Jan 25	#32
You can't make this up - forget about the drugs	womanofthehills	Saturday	#43
I knew it!	moose65	Jan 25	#33
Yesterday on Morning Joe I heard Mika draw groans when...	maddogesq	Jan 25	#35
Haha	moose65	Jan 25	#36
Our girls are just starting to lay 4-5 a day	Bayard	Jan 25	#34
Easter potatoes	keithbvadu2	Jan 25	#37
Investigation necessary. nt	oasis	Jan 26	#38
May as well go to a farm	tonekat	Jan 26	#39
They're too chicken to lay eggs	Kennah	Friday	#41
This message was self-deleted by its author	Hekate	Friday	#42

Response to riversedge (Original post)

Wed Jan 25, 2023, 06:50 AM

KPN (14,535 posts)

1. And here, I thought it was all just because

“hens aren’t laying”.

Egg price spike prompts demands for price-gouging probe

1. And here, I thought it was all just because

21. Nobody wants to work anymore

44. Latest RW conspiracy theory

45. Too funny!

2. Gasoline prices have started sneaking up here in Texas--up 12 cents a gallon over last week.

3. Why are egg prices soaring, but chicken

6. I guess we know now

14. :)

19. Two different types of chickens: layers and fryers

25. Thanks

5. Quik Trip jacked the price 21 cents in two hours on Monday here in Wichita

4. And when they get done with that GOUGING probe there's hundreds more...

7. Agree!

8. Yes gouging all around.

17. Well that happens because the ones running the corporations care only about their shareholders

40. +1

9. Were $ 1.39 now $4.59. A 60% increase.

12. Uhm...that's more like a 300% increase

13. It is government math. The government that keeps track of classified

23. LOL...good one

10. Eggs are treated like oil

22. If cleaned and stored properly, eggs can last about 6 weeks

11. Eggs are down here in Northeast Ohio...3.49 at Giant Eagle which last week was higher

16. Southwest

15. Eggs in my area have been plentiful and there have been zero shortages in my area at all.

18. Hey Sen Reed, IT AIN'T JUST EGGS!!

20. Republicans allow oil companies to gouge us all the time.

24. If people would boycott eggs for two weeks all this bullshit would end

26. 60%? More like 500%

27. Inflation is ALWAYS code for profit maintenance or increase.

28. Where is Teddy Roosevelt when you need him? Any TR's in waiting in the Dem party?

29. Eggs are an important source of Protein and the cheapest

30. It's due to a virus

31. Egg producers profits have soared.

32. I live in a state where eggs are still cheap protein

43. You can't make this up - forget about the drugs

33. I knew it!

35. Yesterday on Morning Joe I heard Mika draw groans when...

36. Haha

34. Our girls are just starting to lay 4-5 a day

37. Easter potatoes

38. Investigation necessary. nt

39. May as well go to a farm

41. They're too chicken to lay eggs