Equality will be the next big thing in trading
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Egg and poultry price inflation: Why did the chicken cross the road? To get a better deal on the high price of eggs
Egg prices are absolutely soaring, while chicken meat prices have been well-grounded. What gives? Team FRED Blog never wants to sound like Chicken Little, but we also don’t want to walk on eggshells. So, first, let’s simply look at the data: The FRED graph above shows that the average price of whole fresh chickens (in brown) rose 13% between January and December 2022 while the average price of eggs (in yellow) rose 120%. That’s 10 times faster! Now let’s combine these data with some reporting from the US Department of Agriculture: During 2022, repeated outbreaks of avian influenza ravaged farm flocks of ... (full story)
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Equality will be the next big thing in trading
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