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What Next TBD | Cracking the Egg Crisis

Slate Daily Feed

Slate Podcasts

News, Business, Society & Culture

41.1K Ratings

🗓️ 2 March 2025

⏱️ 23 minutes

🧾️ Download transcript

Summary

Everyone’s talking about the price of eggs—so why are they so expensive? And when can we expect—if ever—the price to come back down? Guests:  Dr. Jada Thompson, associate professor at the University of Arkansas Want more What Next TBD? Subscribe to Slate Plus to access ad-free listening to the whole What Next family and all your favorite Slate podcasts. Subscribe today on Apple Podcasts by clicking “Try Free” at the top of our show page. Sign up now at slate.com/whatnextplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It all started with a single book, dropped into a McDonald's Happy Meal.

0:05.6

That led to over 160 million books, and counting.

0:10.1

That's a lot of books, and a lot of bedtime stories.

0:13.6

That's just one way we change a little, change a lot.

0:17.8

Subject to availability from 11 a.m.

0:31.6

When the world is normal and eggs are not comically expensive, Dr. Jada Thompson is not being pestered by reporters. Never. You know, my joke has been that I am important for this two seconds, and I will fade into

0:41.7

obscurity again. Thompson is an associate professor at the University of Arkansas, and maybe every so

0:48.3

often she gets a call about the Arkansas poultry industry. But it's not like this. This is insane. Off the charts. This is the

0:58.3

most media I have ever done in my career. And the thing you have to understand about eggs is that they

1:08.1

are, in economic terms, inelastic. Think of it this way. Usually, when the

1:14.3

price of something is high, you get less of that thing for your money, something economists call

1:20.0

shrinkflation. That's just not how eggs work. You can't shrink flate a carton of eggs. And so I'm going to see the price change very

1:29.8

drastically in my face. To $599 or $6.99. And granted, I live in New York City, but I saw

1:38.1

regular old eggs for $9.99 a dozen this week. The ongoing bird flu is ravaging the chicken population, driving up egg prices from about

1:47.2

$2 for a dozen eggs last fall to now $8.

1:52.9

A growing number of restaurants are now adding an additional charge for eggs.

1:57.1

A nationwide egg shortage spurred by avian flu outbreaks, now forcing some eateries to

2:03.2

charge customers egg surcharges to offset some of the higher pricing.

2:07.8

The prices are really high.

2:09.3

Caircity, $10 a carton?

2:10.9

I got to really think twice about that.

2:13.3

And guess what?

...

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