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Why Are Eggs So Freaking Expensive Now? | Odd Lots Podcast
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January 23, 2023
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40:05Now PlayingThe price of eggs rose 60% in 2022, as measured by the Consumer Price Index. Meanwhile, wholesale egg prices are up 300% in the last year, creating a chart that looks almost parabolic. So what's going on? And is there any relief in sight? On this episode, we speak with Glenn Hickman, president of Hickman's Family Farms, an Arizona egg farm with roughly 10 million chickens. Glenn explains why egg prices have been shooting higher, the role of the Covid-19 pandemic, and how farms are responding to the outbreak of avian flu.
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Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.
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