Joe Rojas-Burke

Why are #egg prices so high? The industry wants you to blame inflation and bird flu, not their rapacious price gauging:

"The single company that dominates the US egg industry, Cal-Maine Food is making record profits. Their Q3/22 net was up 65% from the year before. Cal-Maine's Q4-22 sales were up record-smashing 110% – $801.7m," notes Cory Doctorow (@pluralistic).

https://pluralistic.net/2023/01/23/cant-make-an-omelet/#keep-calm-and-crack-on

Pluralistic: Eggflation is just more price-gouging (23 Jan 2023) – Pluralistic: Daily links from Cory Doctorow

Jan 26, 2023 at 6:00pmWeb
Show threadthe_blackwell_ninja [EST]Jan 26, 2023
@rojasburke @pluralistic The very instant that world governments rolled out relief funds so quarantine-shuttered businesses wouldn't fail and covid-furloughed workers wouldn't starve, corporate executives started rubbing their forelegs together and planning to raise prices and blame it on inflation brought on by letting The Poors have too much money.