Inflation Down, Eggs Coming Down, 30 Year Fixed Down 7 weeks IN A ROW, 2022 Pump Prices

Discussion in 'Politics' started by vztrdr, Mar 13, 2025.

  1. Mercor

    Mercor

    E
    Eggs will continue to drop as more chickens grow to maturity

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    #71     Apr 9, 2025
    smallfil likes this.
  2. gwb-trading

    gwb-trading

    Actually bird flu is still running rampant across poultry meat and egg farms. The U.S. government fired nearly all the specialists that have been working with the industry to address the bird flu situation. While the situation is easing (driven by wholesale prices worldwide -- it is not going to quickly improve at the retail level in the U.S.).
     
    #72     Apr 9, 2025
  3. gwb-trading

    gwb-trading

    Donald recently claimed that egg prices dropped by 50% under his leadership. As with all of this other claims, this assertion is nonsense. Egg prices once again hit a new record high.

    Egg prices increase to record high despite Trump's predictions and bird flu outbreak slowing
    U.S. egg prices increased again last month to reach a new record-high of $6.23 per dozen despite President Donald Trump’s predictions, a drop in wholesale prices and no egg farms having bird flu outbreaks.
    https://www.wral.com/story/egg-pric...e-despite-bird-flu-outbreak-slowing/21953552/

    U.S. egg prices increased again last month to reach a new record-high of $6.23 per dozen despite President Donald Trump’s predictions, a drop in wholesale prices and no egg farms having bird flu outbreaks.

    The increase reported Thursday in the Consumer Price Index means consumers and businesses that rely on eggs should not anticipate immediate relief. Demand for eggs is typically elevated until after Easter, which falls on April 20.

    Industry experts were expecting the index to reflect a drop in retail egg prices because wholesale egg prices dropped significantly in March. University of Arkansas agricultural economist Jada Thompson said the wholesale prices did not start dropping until mid-March, so there may not have been enough time for the average price for the month to decline. And grocery stores may not have immediately passed on the lower prices.

    Bird flu outbreaks were cited as the major cause of price spikes in January and February after more than 30 million egg-laying chickens were killed to prevent the spread of the disease. Only 2.1 million birds were slaughtered in March and none of them were on egg farms

    The farms that had fall outbreaks have been working to resume egg production after sanitizing their barns and raising new flocks, but chickens must be about six months old before they start laying eggs. Thompson said those farms did not come back online as quickly as anticipated.

    Trump tried to take credit for the lower wholesale egg prices the U.S. Department of Agriculture reported in recent weeks. But experts say the president’s plan to fight bird flu by focusing on strengthening egg farmers’ defenses against the virus is likely to be more of a long-term help.

    Since the current bird flu outbreak began, more than 168 million birds have been slaughtered, most of them egg-laying chickens. Any time a bird gets sick, the entire flock is killed to help keep bird flu from spreading. That can have an effect on the egg supply because massive egg farms may have millions of birds.

    The disease is difficult to control because it is spread easily through the droppings of wild birds that carry the avian flu virus. Bird flu has also inflected other animals, including dairy cattle.

    Egg prices hit $5.90 in February one month after setting a record at $4.95 per dozen, according to the U.S. Bureau of Labor Statistics. But shoppers encountered prices much higher than that in some places; in California, the price per dozen topped $12 in some stores.
     
    #73     Apr 10, 2025
  4. gwb-trading

    gwb-trading

    I don’t know how many eggs you have, but you probably just blew 15 bucks.

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    #74     Apr 10, 2025
  5. The price of eggs dropped about 10 cents the last time I went to the store.Thanks Trump I guess:confused:
     
    #75     Apr 10, 2025
  6. gwb-trading

    gwb-trading

    Not to worry... you will be paying more for the hamburger you eat later in the day. #Trumpflation.

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    #76     Apr 14, 2025
    insider trading likes this.
  7. Watch this Easter video starting at the 14:30 mark:

     
    #77     Apr 15, 2025
  8. Mercor

    Mercor

    Cattle futures

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    #78     Apr 15, 2025