actually that’s quite normal if something like a disease were to come through a region. The variability in price by region is inherent in the deterioration of all food stuffs. It’s why avocados are cheaper in the SW and oranges are cheaper in the SE. Eggs are also regional, but they’re in every region. This is why there’s wildly different prices in eggs, because bird flu might be wreaking havoc 2 states over, but isn’t a big deal where you live.
That being said, eggs dropping 50% and milk by more than 100% in any one market? That is unusual market behavior.
The cost of producing/shipping eggs is basically constant. For example: if I ship go from penn to NYC, and then distribute to the rural areas from the nyc hub. Its cheaper to deliver to the city than the rural areas.
And yet you’ll see prices in NYC are much higher (probably where that $12 figure came from) than the rural areas.
So effectively our production, shipping, real estate, and labor costs are effectively constant in both regions and yet both experience a 200% price increases due to a supply shortage? Sorry fam, but the price isnt reflecting the cost to produce. Its reflecting what businesses think they can get away with.
The fact is prices were jacked up as high as they could get away with for local markets while they had the cover of a supply shortage. And in no way reflects the cost of the actual disruption, and have nothing to do with your absurd original claim about testing or anything to do with market forces unless you count unrestrained greed as a market force.
The USDA covered farmers for their loss of chickens/production the farmers didnt see a fucking penny of these price increases.
Edit: just to be clear, im not saying variability based on region doesnt make sense. Im asserting that in the case of a disruption in production you’d see a constant price increase across the board, since only production was impacted. So NYC would see $0.05 and so would a town in northern NY.
What you absolutely would not see is a 100%+ hike in prices across the board.
Except that that’s not how market adjustments work, buddy. They never go down that abruptly, pal. They adjust slowly to find the happy medium that maximizes profits, guy. That big of a drop in that short of a time isn’t a market adjustment, friendo. You’ve got a lot to learn before you start talking down to people, champ.
actually that’s quite normal if something like a disease were to come through a region. The variability in price by region is inherent in the deterioration of all food stuffs. It’s why avocados are cheaper in the SW and oranges are cheaper in the SE. Eggs are also regional, but they’re in every region. This is why there’s wildly different prices in eggs, because bird flu might be wreaking havoc 2 states over, but isn’t a big deal where you live.
That being said, eggs dropping 50% and milk by more than 100% in any one market? That is unusual market behavior.
Sigh, please stop talking you don’t know what you’re talking about.
Here are where eggs are produced in the US
The cost of producing/shipping eggs is basically constant. For example: if I ship go from penn to NYC, and then distribute to the rural areas from the nyc hub. Its cheaper to deliver to the city than the rural areas.
And yet you’ll see prices in NYC are much higher (probably where that $12 figure came from) than the rural areas.
So effectively our production, shipping, real estate, and labor costs are effectively constant in both regions and yet both experience a 200% price increases due to a supply shortage? Sorry fam, but the price isnt reflecting the cost to produce. Its reflecting what businesses think they can get away with.
The fact is prices were jacked up as high as they could get away with for local markets while they had the cover of a supply shortage. And in no way reflects the cost of the actual disruption, and have nothing to do with your absurd original claim about testing or anything to do with market forces unless you count unrestrained greed as a market force.
The USDA covered farmers for their loss of chickens/production the farmers didnt see a fucking penny of these price increases.
Edit: just to be clear, im not saying variability based on region doesnt make sense. Im asserting that in the case of a disruption in production you’d see a constant price increase across the board, since only production was impacted. So NYC would see $0.05 and so would a town in northern NY.
What you absolutely would not see is a 100%+ hike in prices across the board.
Except that that’s not how market adjustments work, buddy. They never go down that abruptly, pal. They adjust slowly to find the happy medium that maximizes profits, guy. That big of a drop in that short of a time isn’t a market adjustment, friendo. You’ve got a lot to learn before you start talking down to people, champ.
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They’re paying people to take milk now?
OJ is at $3/qt here, but a gallon of no name from concentrate is 9.