Comment by marifjeren
Comment by marifjeren 2 days ago
> The egg price is due to the H5N1 epidemic
No, it's not. But that's what the egg companies want you to believe. In truth the number of egg laying hens is only down about 5% total since the beginning of the epidemic.
You don't know the elasticity of the market. I can imagine restaurants, food producers and consumers are very eager to get their weekly box of eggs. So even a 5% drop can cause a price jump that's way more.