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monkeyfrog987 t1_jcyywgr wrote

Egg costs jumped 38% for producers annually in February and 55% for shoppers...

This disconnect is what's really driving inflation. Sure costs went up but the profit margin is untethered from reality at this point.

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its_not_you_its_ye t1_jd0ja35 wrote

I think there’s a supply chain in between, so it’s not as wide of a margin when logistics also are paid for.

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monkeyfrog987 t1_jd0jp4e wrote

From another part of the article:

Egg prices have surged, fueled by short supply caused by the deadly avian flu, high production costs and egg producers increasing their own profits.

Egg producers have increased their margin of profit higher than previously done and in the middle of supply chain issues and the avian flu.

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its_not_you_its_ye t1_jd0k4x3 wrote

I’m not disagreeing with that. I’m just pointing out that there are multiple factors affecting inflation in that gap, such as transportation, which is affected by the cost of gas also.

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monkeyfrog987 t1_jd0ks65 wrote

I mean, sure but it's a fraction and almost nominal additional cost, otherwise it would be noted as a standalone addition.

What we do know is across the board, pork products, eggs, gas and oil etc. Etc. Corporations have increased their profit margins wildly untethered to the cost of goods.

Almost every recent investor call has shown this. All of them are bragging about how they've made record profits far and away above anything they've done in the past.

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