Thu. 01/26 - Eggflation: Price-Gouging on Eggs and... Splash Mountain Water?
Cool Stuff Daily
Reggie Risseeuw and Marques Pfaff
4.6 • 739 Ratings
🗓️ 26 January 2023
⏱️ 17 minutes
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| 0:00.0 | This episode is brought to you by Sun Express Airlines. |
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| 0:24.8 | 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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