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S.Dunlap
 
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Default Why price of eggs skyrocketed?

Katra > wrote in message >...
> "S.Dunlap" wrote:
> >
> > Nancy Young > wrote in message >...
> > > LenS wrote:
> > >
> > > > Does anyone know the reason?
> > >
> > > Holidays. Expect the price of butter to skyrocket, too.
> > >
> > > nancy

> >
> > Holidays may not necessarily be the answer. Price of eggs (and
> > chicken) has gone up here in Honduras also...and there is no tradition
> > of holiday bake-a-thons like in the US. Perhaps Cargill, ADM, and all
> > the other agribusinesses involved with feed production have increased
> > their prices.
> >
> > Sandi

>
>
> If the price of gas goes up (which it has yet again) then so does the
> price of feed since it has to be trucked. The eggs, in turn, also have
> to be trucked.
>
> The price of tomatoes has also doubled, and there are no more imports in
> the store than there was when they were "in season".
>
> Just my guess. :-)
>
> K.



ADM has a history of price fixing to keep feed prices artificially
high. They've been busted by the feds and fined plus some execs had to
go do time at "Club Fed" penitentiary. Cargill controls the majority
of producsers in both the chicken insustry and the poultry/livestock
feed industry in Honduras.

BTW, check out the websites for Cargill and ADM to see how they are
vertically integrated and control everything from the financial
institutions that loan money to farmers on up to grain storage,
transportation, and production facilities. They even own utilities in
some areas. It's rather enlightening.

Sandi