Thursday, January 26, 2023

"Egg Prices Skyrocket 2023! Food Shortages Plan Accelerated"

Full screen recommended.
"Egg Prices Skyrocket 2023! 
Food Shortages Plan Accelerated"
By Epic Economist

"Do you remember when you could buy a dozen eggs for 99 cents? It seems like it was only yesterday, but unfortunately those days are now gone for good. Thanks to a variety of factors, egg prices have risen to levels that we have never seen before, and in some areas of the country significant shortages are being reported. In fact, things are so bad that Whole Foods is apparently “now limiting egg carton purchases to two per person”. This is extremely alarming, because millions of U.S. households have traditionally relied on eggs as a cheap source of protein. Unfortunately, it appears that eggs will not be “cheap” for the foreseeable future. According to an article that originally appeared in the Los Angeles Times, the average price of a dozen eggs in California actually reached $7.37 this week.

Meanwhile, more families are coming to the food bank, where volunteers dressed as the Three Kings passed out free toys and about a dozen shoppers filled carts with fresh produce, frozen meat and loaves of bread early Friday afternoon. Most products were out on display for the taking. But eggs had been rationed to small plastic bags in the back.

Inflation on basic grocery staples such as milk and flour has burdened poor families for months. But the current egg shortage has been particularly tough for families who rely on the federal Special Supplemental Nutrition Program for Women, Infants and Children. Social media is brimming with reports of missing food items at Kroger supermarket locations across the country.

A repeat of early 2020 when toilet paper and other essentials ran bare, the start of 2023 is seeing “a lot of empty shelves” at Kroger, according to numerous reports, some containing video evidence of lingering supply chain problems. Not only are Kroger shelves missing many essentials, but prices for things that are still in stock, most notably eggs, are skyrocketing to unprecedented levels.

As we are hit by one crisis after another throughout 2023, I expect our supply chain problems to continue to intensify. So I would encourage you to stock up while you still can. Yes, prices may seem ridiculously high now, but the truth is that they aren’t going to be getting any lower than they are at this moment."

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