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Topic: I thought there was an egg shortage. - page 3. (Read 480 times)

sr. member
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June 13, 2023, 04:46:41 AM
#32
I don't think if there's a product that increased in your country, it might be only in your country not worldwide. In my case it's not the egg that in shortage but the chicken itself. Almost all of the fast food doesn't even have chicken due to shortage and they only serve foods such as spaghetti. I thought at first there's something wrong like I immediately watch some news if there's something like a disease in the chickens or not. But there's none so in short they might got a shortage of supply from the branch itself or the place but it doesn't mean it's about the economic issue.
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June 13, 2023, 04:29:13 AM
#31
I answer your summon!!!  Shocked
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But I see free range at Aldi at 23/stuck so 25% cheaper than you get, although I always forget Sued vs Nord which is the expensive one
Aldi süd is more expensive than Aldi Nord but Kaufland is the cheapest where I live and Lidl is the most expensive next to Rewe. Prices in Edeka are slightly higher than in Aldi, that's only in my store because Edeka has lots of stores with different prices. This is just my local strange experience.

Quote
By the way you can't imagine how cheap things are in Turkey. I was there recently and while there is huge inflation, product prices aren't increased that much, for 10 Euro I was able to buy tons of food, I'm really shocked.

If they would increase prices to European levels they would have nobody buying and ending with rotten products, remember they have an average wage of 400$, again, average!
Well, I really love traveling and have actually been in poor countries where foods are more expensive than in Europe, not only for tourists but for local people too. People in these countries only most of their income in food. Turkey could end up like this but Erdogan manually keeps lower prices. I don't know how long will they succeed by running economy that way but if you are a digital nomad, life there is very cheap (keep it as a secret, I prefer Portugal).
legendary
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June 13, 2023, 12:41:30 AM
#30
The egg shortage was mostly in the United States but due to the media and everything it created A lot of panic like in the Covid toilet paper days and spread to other countries like Canada.

I heard in Canada we won’t have an egg shortage because what affected USA didn’t apply to Canada. However I would go shopping and people were stocking up on eggs. And they was quantity but it was low.

The problem went away after a few weeks and now supply is good.
hero member
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June 13, 2023, 12:01:12 AM
#29
Fluctuations in the price of food products are common in the market, and can be influenced by many factors. One of the factors that can affect the price is a change in supply or demand. There may be local or temporary factors affecting the price of eggs in the particular area where you live.

In addition, unusual sales or discounts may occur from time to time as a marketing strategy to drive sales and reduce excess inventory. This is a common practice in the retail industry. so is this egg. I think this is a good opportunity if you understand the egg business.
sr. member
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June 12, 2023, 10:49:36 PM
#28
I think this is an opportunity for them to sell eggs at a higher price. or if they sell at a lower price it will make the eggs sell faster. i think this is a good opportunity. unfortunately I don't understand about the egg business, but it's very good if you bring someone who understands there, surely you will benefit from that business.
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June 12, 2023, 06:57:45 PM
#27
Here in our country, 30 pcs of eggs is equivalent to 3$, this is the smallest size in our country, and the largest size is around 5$ for 30 pcs of eggs. If there is something called egg hoarding, I don't think anything like that happens in my country. And if there is maybe some control or manipulation of them, I think it's normal in the market. Because we are part of the business industry. And I don't see neither heard any news that there is a shortage here in our eggs, so far none.
This should be in Nigeria, the price of things in that country is relatively very high, I can't help but wonder, is the price of eggs even supposed to be expensive??

I mean, fowl feeds happens to be the cheapest and easiest fetched among animals, so why should their bearings be expensive??


Increase a profit market in charge cant do anything and business unions are major tool in this and decrease the distribute percentage they produce the rations  and this are  help to increase the price and i m not in England and in my country they doing some type of agriculture and maintain the price and they change the way of work and they need national labor involvement in this .
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June 12, 2023, 06:26:06 PM
#26
Here in our country, 30 pcs of eggs is equivalent to 3$, this is the smallest size in our country, and the largest size is around 5$ for 30 pcs of eggs. If there is something called egg hoarding, I don't think anything like that happens in my country. And if there is maybe some control or manipulation of them, I think it's normal in the market. Because we are part of the business industry. And I don't see neither heard any news that there is a shortage here in our eggs, so far none.
This should be in Nigeria, the price of things in that country is relatively very high, I can't help but wonder, is the price of eggs even supposed to be expensive??

I mean, fowl feeds happens to be the cheapest and easiest fetched among animals, so why should their bearings be expensive??
legendary
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June 12, 2023, 04:44:10 PM
#25
I have never seen or bought any egg that has the date of production or withdrawal from shelves date. It is strange to hear that we have such regulations in other countries. So to avoid buying unhealthy eggs, most consumers prefer to buy directly from poultry farms or through direct distributors. In the past, I have had incidences of buying rotten eggs just because there are no best-before dates.

Europen regulation from almost two decades ago:
https://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2008:163:0006:0023:EN:PDF

The war in Ukraine meant that around a third of the grain that was produced annually suddenly dropped off a cliff because them and Russia had difficulties supplying it.

1/3 of tradable wheat! Big difference!
Global world production was in 2020 760 million tons, Russia had 85 and Ukraine 24.
Also, as if counted as a whole, the EU is a bigger producer than both of them combined.
legendary
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June 12, 2023, 04:27:50 PM
#24
I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.


Business related to the production of chicken, and parallel products (eggs), very interesting. I myself worked at one of the largest Ukrainian factories for the production of chicken meat and eggs.

Self-production cannot be called very complicated or expensive, as, for example, raising cattle.
The litter is fast, the rearing period is short, and the maintenance costs are low.
There is of course a nuance, observed it - if for example to break the cycle of vaccination of chickens, you can get mass mortality, literally within a couple of days. Observed how the human factor, confused the schedule and objects of vaccination (hangar), and a whole hangar of chickens became "deaths" literally in a matter of hours.
But...everything else makes up for even that kind of loss.

But back to the eggs. In Ukraine, most egg producers were located in the eastern and southern regions. There were many reasons - from cheap land for the construction of complexes, to convenient and short logistics, as well as the availability of fodder. And here it is worth noting that egg production, in terms of complexity and cost of the process is more complex and expensive than raising a chicken.
As you know - after Russia's terrorist attack on Ukraine, it was the eastern and southern regions that suffered the most. To put it bluntly - they were virtually destroyed, because russia's concept of warfare is "scorched earth"...

I will tell you frankly - from about April 2022, until the summer, there was a big shortage of chicken eggs in Ukraine. While chicken was quietly raised on small farms, mass production of eggs is a more complicated process. But as practice has shown, the adaptability of large producers, provided with quality technology - is very high ! And in this difficult time for the country, even when the terrorists from the Kremlin, deliberately destroying civilian infrastructure (power plants, power grids, etc., which is important for the maintenance of laying hens), producers were able to quickly recreate mass production of eggs ! At the same time - without prejudice to the restoration of the chicken stock, meat direction.
In May-June 2022, Ukrainian retail chains began to fill up again with a large assortment of eggs.

I am sure that in countries with normal conditions (without external aggressor and destructive war), to restore such a segment of the market is not a very big problem. The only problem may be in the "arrangements" of producers in the market. It is hard to imagine any other objective problems that would logically explain the problem in this sector of the economy.  Well, ok, I will add - it is also possible, the tax pressure on such producers, but I do not think that the government is beneficial - to leave people without a simple, affordable, mass food product.

legendary
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June 12, 2023, 04:09:57 PM
#23
I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

You seem completely oblivious of the many ever changing factors that feed into the supply and demand chains around the world. The war in Ukraine meant that around a third of the grain that was produced annually suddenly dropped off a cliff because them and Russia had difficulties supplying it. There were outbreaks of bird flu this year that meant large flocks of birds were slaughtered in the UK. There are probably a dozen other factors, like the all round interest rate rises on fuel for transport of all of these things didn't help either. The problem with conspiracy theorists is they lock on to one simple basic idea, without understanding the huge economic bonds that drive the world and it's a miracle that these things ever got to as cheap as they are now. There is unbelievable resilience, ingenuity and dynamism shaping markets every day.
legendary
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June 12, 2023, 04:04:40 PM
#22
I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

There is nothing business owners cannot do to maximize profit. Business unions are the major tools of this manipulation. They can ration production to reduce the rate of supply which could lead to a hike in price. I am not in the UK but there was a time in my country when some farmers decided to control the price of their products by supplying less than their normal quota, it took the intervention of the national labor leadership to make them reconsider their manipulative strategy.

You got an offer on products that are soon to hit their recommended consumption date, eggs have a regulated best-before date that is 28 days and between 5 to 10 days before withdrawing from shelves, so it must at any point leave the customer a least 5 days for consumption depending on the country, stores will be then forced to destroy it like other products in this category, so they've chosen to try and sell it even if it means hurting other batches profit, the management must be in a real pinch with a ton of oversupply there.

I have never seen or bought any egg that has the date of production or withdrawal from shelves date. It is strange to hear that we have such regulations in other countries. So to avoid buying unhealthy eggs, most consumers prefer to buy directly from poultry farms or through direct distributors. In the past, I have had incidences of buying rotten eggs just because there are no best-before dates.
legendary
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Blackjack.fun
June 12, 2023, 03:20:21 PM
#21
@stompix you are an expert in Europe-related tasks, how are the prices in your country?


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Way better than there were before, it was a scare, people were hoarding like morons and now you can get good prices for eggs, cheapest of them the small, not ground raised are going at 30 pieces for 5 euros. Not really matching whatever offer Jetcash got but it's still pretty good, so 6 for an euro.
You go for the biggest size, ground-raised bio chickens it's 3 euros for the 10 pack.
I see a standard for almost every of neighboring countries at the lowest price around 20 cents per piece and something around 15 cents in offers.
Of course, crossing borders to Germany and Denmark, we must raise the levels! Wink

But I see free range at Aldi at 23/stuck so 25% cheaper than you get, although I always forget Sued vs Nord which is the expensive one

Now, if we talk about bulk orders and farm contracts before packing, meh, it's depressing, a quick check on the forum and you can get them below 10 cents per piece but it involves down payments and MOQ fixed term. As my father approximated it's probably the production cost price, but
that's when you get when some morons started importing unreasonable quantities like the world would end. The same shit is happening now with wheat and flour soon to happen with pork meat, but that will take a while, expect a downturn around probably September since exports to China and South Asia are dropping down and probably Poland and Denmark will flood the markets.

In my place there is no shortage of eggs, but the price of eggs is very high and the price of 1 kilo of eggs is almost the same as the price of 1 chicken

First time in my life hearing about a kilo of eggs!

I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off.

You got an offer on products that are soon to hit their recommended consumption date, eggs have a regulated best-before date that is 28 days and between 5 to 10 days before withdrawing from shelves, so it must at any point leave the customer a least 5 days for consumption depending on the country, stores will be then forced to destroy it like other products in this category, so they've chosen to try and sell it even if it means hurting other batches profit, the management must be in a real pinch with a ton of oversupply there.
But don't get used to it, according to older articles I found online you got an offer way cheaper than 2016 for example;
https://www.theguardian.com/money/2016/may/07/surprising-fall-cost-food-uk-eggs-bread-meat

Quote
Six own-brand medium-sized free range eggs now cost just 85p in Asda and 89p at Tesco, compared to £1.48 in 2012.  The very cheapest eggs in the supermarkets (boxes of six can sell for as little as 50p) also encourage further intensification of caged production methods. On average, farmers receive around 48p for six eggs.
legendary
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June 12, 2023, 02:35:17 PM
#20
I thought there was a global panic over egg supplies.

I can't tell about UK, but here there was at some point an attempt to panic people with stories about the rising prices of electricity and gas that will make everything overly expensive.
Just those prices did stabilize even before the winter has ended and afterwards the overly cheap grains from Ukraine flooding all the European markets made a lot of agriculture related products' prices fall fast.
I will add that in my country I noticed (in a few different years, including this one) that around Easter (+/- a few weeks) there's a tendency to have over-production of eggs.


I guess that there were many things that made the price of eggs go much lower (although your 21p is lower than I would have expected), including somewhat better supply chains from cheaper countries (PL, RO) towards the UK.
sr. member
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June 12, 2023, 02:20:33 PM
#19
Here in our country, 30 pcs of eggs is equivalent to 3$, this is the smallest size in our country, and the largest size is around 5$ for 30 pcs of eggs. If there is something called egg hoarding, I don't think anything like that happens in my country. And if there is maybe some control or manipulation of them, I think it's normal in the market. Because we are part of the business industry. And I don't see neither heard any news that there is a shortage here in our eggs, so far none.
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June 12, 2023, 12:54:35 PM
#18
It depends on what the problem is in your country or where you live and it happens due to several factors. In my place there is no shortage of eggs, but the price of eggs is very high and the price of 1 kilo of eggs is almost the same as the price of 1 chicken and that is because the demand for chicken eggs this year is much higher than the previous year, and that is one of the reasons for the increase in egg prices.
This year the demand for eggs is higher than last year, also because there are not many production factors, but the demand is high. Supply and demand are out of balance, resulting in high prices.
Eggs are a very important staple and regardless of the price, people will still buy them. But if chicken eggs are rare, then you have to investigate what are the causative factors.
legendary
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June 12, 2023, 12:31:07 PM
#17
By the way you can't imagine how cheap things are in Turkey. I was there recently and while there is a huge inflation, product prices aren't increased that much, for 10 Euro I was able to buy tons of food, I'm really shocked.
When there is high inflation (100%+) price of everything goes up including food. You can see some of the food inflation rates here (not completely accurate though, it is reporting them higher than reality):
https://tradingeconomics.com/turkey/food-inflation

Generally speaking in periods like this (past 3-4 years that Lira is tanking hard) the governments don't let the food price go up as quickly as their fiat currency tanks. So when you exchange your 10 Euro to ~253 TL you end up being able to purchase more food in Turkey than you could in Europe.

There is also the fact that there was an election in Turkey and in the recent months leading to this presidential election the president in office artificially kept the inflation and prices low to keep people happy and get their votes for himself!
After the election however, the price of food jumped between 15% to 25% in matter of days. The election was about 18 days ago!
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June 12, 2023, 11:14:46 AM
#16
I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

And I have often seen how, in times of panic, prices for buckwheat or rice begin to rise. At the same time, ordinary buyers themselves create panic, and unscrupulous sellers try to make a profit out of it. Such phenomena as correctly last a short period of time. And you need to be able to survive them. In the above case, I ate only pasta and bulgur, knowing that the prices of other cereals will fall to the previous levels. And so it happened.

Another favorite product of sellers for manipulation is sugar and salt. People panic very easily when it comes to this.
hero member
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June 12, 2023, 10:47:39 AM
#15

There is always a sales manipulation of the price of consumable goods since those goods' prices are not regulated, and I actually don't think the panic price increase of eggs has anything to do with demand or supply; all I see is a group of sellers trying to make more money from their sales. Layers have nothing to do with the economy aside from their feed price increase.

I think the feed price increase you actually mention is why they have increased the amount per each egg. Although when things go up everyone just wants to increase the price of there goods but this egg price increase Isn’t just done because of these. The layers you see are actually heavy consumers of their feed and since last there has been excessive increase of feed bought by the poultry farmers. The feed price has increased to almost 3x its normal price and not to talk about the increase in the cost of there vaccines too. So it is logical that for the farmers to increase the price for the egg just to gain ground on the profit level.

Although I would say there is also manipulation of price because the number of farmers has decreased due to cost of feed and vaccines and also the period we are in now. It is mostly raining here now and many of these birds do not survive under this weather conditions and some farmers that can’t take the risk just bow out of rearing at this period of time and that gives the current farmers the opportunity to manipulate the price since it is not that high in supply.

Another thing that could affect it again is the fact that not all countries actually produce there feeds so for the locals that have the feeds produced there they tend to get it at a lower cost than those import them. Because the fiat inflation will actually affect the price along the way.
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June 12, 2023, 10:47:36 AM
#14
I thought there was a global panic over egg supplies. Not so long ago they were rationing sales. This morning I bought some boxes of 6 big and fresh eggs for just 21 pence. The normal price is £1.40. It just shows how food prices and distribution is being manipulated to rip us off. That is if we aren't aware and exploiting the situation for our own benefit. The eggs were on sale at a m ajor Asda supermarket in Hampshire, England.

I don't think that the issue was global because in many places the egg prices even dropped rather than increasing. The supplies have been increased because many people started farming of layer chicken which lay enough eggs to meet the demand of the residents of a location. In my place the price of 1 dozen eggs is around $1 and it hasn't increased at all even in many years when we compare it in dollars, but when we compare the prices in local currency then the prices have been increased more than 20% - 30%  during past 3-4 years.

The egg prices are mainly increased due to feed prices and when the price for 1kg feed increases so does the price of eggs. Most of the farms are doing the business on commercial level and that's why they have to outsource the feed from other sellers who sometimes increase their feed prices because of geed, and when feed prices go higher and no one is willing to sell it for low price. The ones who run those layer farms are mostly influenced by feed prices and if there is issue with feed supplies then in that case egg prices also increase so the farmers could earn profit from selling the eggs. In some cases the utility stores increase egg prices because of greed only and the consumers have to pay some extra money because of those greedy fellows.
sr. member
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June 12, 2023, 10:23:50 AM
#13
In this recent world order, every country has their poultry to produce egg so what has happened was not a global issue but a National Inflation. Like my country a crate or a dozen of eggs (12 eghs) was sold $1 as of 2000 to 2020 but suddenly from 2021 till a dozen of eggs is sold $4 and above. Egg which was bought by the lower class is no longer the lower class food again. It is now meant for the middle class and above. The inflation is touching everything and everywhere in the globe.
Based on the rising egg prices alone, have you hastily concluded that inflation is increasing and affecting everything in the world? LOL.
In my country, eggs are still very cheap, and their price has not increased, so how do you explain this? My country does not have inflation? Why don't you try to think of some supply issues, and this is only temporary? Don't talk about inflation all day when you know nothing about it.
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