Cal-Maine Foods, the largest egg producer in the United States, reported revenue doubled and profit surged 718% last quarter because of sharply higher egg prices.
“A deadly and highly infectious avian flu has forced U.S. farmers to kill millions of egg-laying hens, reducing the country’s egg supply and driving up prices. But Cal-Maine said in its earnings statement that there have been no positive tests for avian flu at any of its owned or contracted production facilities.”
From a Forbes article on this topic: “Thanks to soaring retail egg prices nationwide as Cal-Maine’s competitors dealt with an avian flu outbreak that caused egg shortages, Cal-Maine scored $323 million in profits last quarter, a 718% year-over-year increase and a more than 2,000% increase from the same period in 2021.”
We have poultry, so for anyone not up on this, the guidelines have been that if any single bird on your property tests positive, regardless of symptoms, the entire flock must be put down “to prevent spread”. What does this remind you of?
Same thing has been done with other types of small livestock (and likely large livestock, I am just not as up on those happenings).
Does it seem in any way plausible that the largest supplier’s stock would be entirely unaffected as the smaller competitors and private, local growers would be visited, tested, and forced to burn it all down?