Economics/Class Relations

Why Are My Eggs So D*** Expensive?

by Peter Zeihan on February 10, 2023

https://www.youtube.com/watch?v=8eT5jNpo5bQ

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Now back to the eggs…

It’s time we get to the bottom of the question on everyone’s mind…why are my eggs so damn expensive?

Inflation takes no prisoners, but we may have another source to thank for this…avian influenza, aka bird flu. This resulted in a massive loss of chickens and the culling of herds to prevent further infection. And can you guess how you get more chickens?

You have to hold back some of your eggs, and then you have to wait…and then raise the chickens (for 2-6 months) to the point where they can start producing eggs. Unfortunately for us, this is how almost everything works in agriculture. You can’t just build a facility and start producing wheat overnight, you have to account for an entire production cycle.

Now take this framework and apply it to the Ukraine War. What happens when the fifth-largest exporter of wheat, the fourth-largest exporter of corn and the largest exporter of seed oils goes offline? The world’s going to have bigger problems than egg prices…

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