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Cool Stuff Daily

Thu. 01/26 - Eggflation: Price-Gouging on Eggs and... Splash Mountain Water?

Cool Stuff Daily

Reggie Risseeuw and Marques Pfaff

News, Society & Culture, Science, Tech News

4.6739 Ratings

🗓️ 26 January 2023

⏱️ 17 minutes

🧾️ Download transcript

Summary

Is the huge increase in the price of eggs being caused by price-gouging and not avian flu? Plus, why we need to be paying attention to avian flu even beyond its relation to egg prices. And people are selling bottles of water from the recently-closed Splash Mountain on eBay. Links: November 2022 episode on egg and chicken prices (Cool Stuff Ride Home) High egg prices should be investigated, U.S. farm group says (Reuters) Egg price spike prompts demands for price-gouging probe (CBS News)  Letter to the FTC Chair (Farm Action) WTF Is Going on With Absurd Egg Prices? Corporate Greed, Group Tells FTC (Vice) $18 a dozen: how did America’s eggs get absurdly expensive? (The Guardian) Britain’s broken egg industry shows the price of food inflation (Reuters) Ioan Humphrey's perspective from farmers (ThatWelshFarmer, Twitter) Bird flu outbreak in mink sparks concern about spread in people (Nature) Deaths of thousands of wild birds from avian flu is ‘new Silent Spring’ (The Guardian)  I Lived Like a 1940's WARTIME HOUSEWIFE for 48 HOURS! (Sage Lilleyman, YouTube) Disney Fans Are Selling Splash Mountain Water After Ride Closes (Kotaku) Disney’s Splash Mountain Closed. Now Superfans Are Selling the Water. (NY Times) See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:04.6

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dot com and secure your seats today it's thursday january 26th twenty 2023. I'm Jackson Bird. Today is the huge increase in the price of eggs being caused by price gouging and not avian flu. Plus, why we need to be paying attention to avian flu even beyond its relation to egg prices,

0:56.5

and people are selling water they collected from the recently closed Splash Mountain on eBay.

1:04.5

Here's some cool stuff for your ride home.

1:09.7

Back in November, I talked about the irony that egg prices were surging while chicken prices were going down.

1:17.9

And that was because the types of chickens used to lay eggs and the ones raised for slaughter are different and kept in separate production facilities.

1:26.8

So as avian flu has spread among

1:29.3

egg layers and hiked prices as much as 60% year over year, broiler chickens, what the chickens

1:36.0

raised for human consumption are called, haven't caught it. But now, a number of farmers'

1:41.7

organizations, U.S. legislators, and independent farmers have come out saying that avian flu is not the only, or perhaps even the primary cause of the increase in egg prices.

1:54.9

They say industry leaders should be investigated for price gouging.

2:00.4

The average price for a dozen eggs in the U.S. at the end of last year was $4.25,

2:06.4

compared to $1.78 at the end of 2021, according to the Bureau of Labor Statistics.

2:13.5

And according to a survey done by Instacart, it's closer to $6 in most places.

2:19.0

The Guardian even found organic eggs for $13 to $18 a dozen on Manhattan's Upper East Side.

2:25.5

Quoting CBS News, the spike in egg prices has been attributed to the millions of chickens that were slaughtered to limit the spread of bird flu, and farmers having to

2:35.0

compensate for inflation driving up their costs. But even though roughly 43 million of the 58

2:41.7

million birds slaughtered over the past year to help control bird flu have been egg-laying chickens,

...

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