Who Makes Money From Eggs

  Рет қаралды 509,635

CNBC

CNBC

Күн бұрын

For Cal-Maine Foods, the nation's largest egg producer, 2022 was a bit of an eggstravaganza. While consumers paid $4.30 on average in December 2022 for a dozen eggs compared to $1.80 in 2021, Cal-Maine Foods reported a nearly 32% increase in revenue in 2022 from 2021. There are 373 million laying hens around the United states as of January 2023, according to the United States Department of Agriculture (USDA). After hens lay eggs at a farm, they get graded by the USDA and put into cartons, sold to retailers, and then purchased by you, the consumer. Cal-Maine Foods, the only public egg producer, holds 16.8% of market share. Like some of the other larger companies, it operates farms, processing plants, hatcheries, feed mills, warehouses, offices, and other properties around the country. Some other egg producers include Rose Acre Farms, Versova Holdings and Hillandale Farms. Eggs are an about $10 billion industry with nearly 13% growth annually in profit from 2017 to 2022, according to IBISWorld. But it’s a volatile one that is sensitive to market changes or environmental factors. It's also an industry with its fair share of controversy. Watch this video to learn who profits from this $10 billion industry.
Chapters:
0:00 - Introduction
01:31 - The egg industry
03:07 - Cal-Mal Foods
05:00 - Threads
11:22 - Outlook
Produced by: Emily Lorsch
Edited by: Nora Rappaport
Senior Managing Producer: Tala Hadavi
Graphics by: Christina Locopo
Additional Footage: The Humane Society of the U.S.
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Who Makes Money From Eggs

Пікірлер: 868
@menaa843
@menaa843 Жыл бұрын
- Who Makes Money From Eggs? -- Well, not the chicken for sure.
@jamesstpatrick8493
@jamesstpatrick8493 Жыл бұрын
Shareholders
@Steven-xf8mz
@Steven-xf8mz Жыл бұрын
well chickens gets free housing and food while laying egg. i guess you can say that it's not good enough but that's more than what we pay to minimum wage workers who can only live on due to additional payment/welfare from the govt. lol. so Chickens do make money, just not the way you think of, and not the amount you feel justified.
@Steven-xf8mz
@Steven-xf8mz Жыл бұрын
@@rafaeldejesus8199 yeah. I guess minimum wage workers are worse than slaves? lol.
@Steven-xf8mz
@Steven-xf8mz Жыл бұрын
@@rafaeldejesus8199 life is what it is, what can i tell ya. lol.
@Kai...999
@Kai...999 Жыл бұрын
Chickens deserve rights!
@twlee1930
@twlee1930 Жыл бұрын
All the images of wet eggs in this video is an uniquely American phenomenon that I didn't realize until I left the US. The US requires eggs to be washed to protect against salmonella, so then they have to be refrigerated because the protective "bloom" from passing through the hen has been washed off. In the rest of the world, we don't wash eggs so they don't need to be refrigerated until we get them home. This forces the producers to practice better hygiene and conditions for the hens in the first place.
@samsonsoturian6013
@samsonsoturian6013 Жыл бұрын
Like you'd know a damn thing about the insides of a farm.
@mintifu1658
@mintifu1658 Жыл бұрын
They wash eggs because Americans like them eggs clean and smooth off feces. Because of that, the protective layer is fone and the egg is more prime to salmonella.
@qjtvaddict
@qjtvaddict Жыл бұрын
@@mintifu1658 excuses 😅
@Phil-fw2ib
@Phil-fw2ib Жыл бұрын
God bless America 🇺🇸 pray 🙏🏾
@samsonsoturian6013
@samsonsoturian6013 Жыл бұрын
@@firstdayversion1015 What?
@stevensmiddlemass2072
@stevensmiddlemass2072 Жыл бұрын
Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. 2023 so far looks like a year a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $680,000 savings to turn to dust...
@KingDavid-jj7tk
@KingDavid-jj7tk Жыл бұрын
Me too. I thought about investing in the financial market, I heard that people make millions if you know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have $160,000 but it's hard to bite the bullet and do it. Money is hard to come b...
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@geraldantonio3160 Жыл бұрын
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@Emily-le2op
@Emily-le2op Жыл бұрын
@@geraldantonio3160 -Absolutely, Fiduciary-counselors have exclusive information and data paths that are not disclosed to the public.. I've made north of $260k in raw profits from just Q3 of 2022 under the guidance of my Fiduciary-counselor “STACIE KRISTAL WEBER”. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out...
@ConradGosling
@ConradGosling Жыл бұрын
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@ConradGosling
@ConradGosling Жыл бұрын
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@sleepychicken19
@sleepychicken19 Жыл бұрын
Started raising my own backyard flock few years back, and now I don't have to go to store to get eggs :)
@user-nq6mf2gu7z
@user-nq6mf2gu7z 3 ай бұрын
my dream!
@WindFireAllThatKindOfThing
@WindFireAllThatKindOfThing Жыл бұрын
Prices didn't more than double because Chicken coops suddenly went Condo It's the same thing every single business is doing: getting theirs now, and who cares of there's still a golden goose tomorrow. I got mine, amirite?
@sammierose1150
@sammierose1150 Жыл бұрын
Maybe this will wake people up to the idea that farm animals deserve better living conditions - it’s healthier and overall better for the animals, humans and the environment. 🌎🌍
@samsonsoturian6013
@samsonsoturian6013 Жыл бұрын
I have a feeling you wouldn't know a farm if we dropped you inside one.
@samsonsoturian6013
@samsonsoturian6013 Жыл бұрын
@@weird-guy not if you know a damn thing about agriculture
@judylandry302
@judylandry302 Жыл бұрын
The older chickens that are not producing enough eggs are then asphixiated with co2 and sent to rendering plants to make pet food, biodiesel, or buried in landfills.
@merrymachiavelli2041
@merrymachiavelli2041 Жыл бұрын
Yeah, the blunt truth is that truly ethical eggs would have to be _much_ more expensive than they are now. Even organic or free-range egg producers tend to euthanise hens after they stop laying (which is very early in their lifespans). Plus all the excess male chickens which are typically killed as chicks. Whilst I'm glad welfare standards are generally improving, most animal agriculture inherently involves killing animals very young, and for those animals to live truly happy lives for the brief time they get would necessitate animal products being so expensive they couldn't really be a dietary staple as they are now.
@thinkabout602
@thinkabout602 Жыл бұрын
@sourav jaiswal they are used in chicken products like soup etc.
@rephaelreyes8552
@rephaelreyes8552 Жыл бұрын
@sourav jaiswal old chickens tend to have more fat and tougher meat. People expect their chicken to be leaner and tender
@CoffeenSpice
@CoffeenSpice Жыл бұрын
That's quite humane and efficient... I though it was worse...
@XBarajasX
@XBarajasX Жыл бұрын
Yes, so? U want them in ur house? Are millions
@GeckoHiker
@GeckoHiker Жыл бұрын
My free-range bird eggs range from $3 to $6 a dozen, depending on breed, color, size, and species. All sold "at the gate". I can legally do this in my state, but I can't sell raw goat milk. That's acquired by donation only, or so I've heard. Our free-rangers are healthy and have better nutrition from foraging. We are hundreds of miles from any egg "factories" so hopefully, they will remain protected from the disease factories.
@blahblah2779
@blahblah2779 Жыл бұрын
Allah Akbar
@GeckoHiker
@GeckoHiker Жыл бұрын
@@blahblah2779 Ragnarök
@mimoleclair9824
@mimoleclair9824 Жыл бұрын
I love people like you. I wish I had access to straight-from-the-farm eggs here but I don't :(
@stanmondzelewski9253
@stanmondzelewski9253 Жыл бұрын
"You got chickens, you get free eggs". No we dont. Iv been "paying" 5 bucks a dozen since my birds started laying. Feed, bedding and a increase in water bill. My duck pools caused the water bill to jump 20ish bucks a month. That all factors into my "free" eggs. Mine also free range. I dont let them loose when we are not home. I lost a few to hawk attacks. My wife lets them out around 330 when she gets home and they are loose all weekend
@mimoleclair9824
@mimoleclair9824 Жыл бұрын
@@stanmondzelewski9253 I'd gladly pay 5$ for a dozen free range eggs knowing they come from hens who are treated well
@samtherat6
@samtherat6 Жыл бұрын
The graphics for “free range” chickens is very misleading. They don’t get to live outside and roam around for their entire lifespan. They get the bare minimum of outside times (typically a few hours to meet the requirement) and are slaughtered when they stop producing eggs.
@WhiteWolfos
@WhiteWolfos Жыл бұрын
Alot of people with yards also started to get their own egg laying clutch. What they found out is that the nutrition and taste skyrocket and many lay everyday to every other day. They are great as natural pest control and watching a flock forage for bugs lowers stress on top.
@masonkent9468
@masonkent9468 Жыл бұрын
I really want to get like 3-6 hens, but we have so many cats they normally get killed. I also don' know if I want a rooster, he could protect them but I'm not sure I want fertilized eggs.
@samsonsoturian6013
@samsonsoturian6013 Жыл бұрын
Free market magic right there...
@jamesbedford7327
@jamesbedford7327 Жыл бұрын
@@masonkent9468 I have a friend that has around 20 rescue cats. They also have chickens and ducks. They are fine with the cats, the foxes though are another matter
@masonkent9468
@masonkent9468 Жыл бұрын
@@jamesbedford7327 my grandpas house has nearly 20 cats as well. He just feeds his cats but the neighbors cats became his because they weren't taken care of, and babies all the time. They always end up killing them, it sucks idk why these cats are so violent
@WhiteWolfos
@WhiteWolfos Жыл бұрын
@@masonkent9468 cats can become territorial especially when they are not fixed and you have a mix of females and males. When they are fixed in a later stage, they can retain their territorial instincts (like a cat who was a mother will learn to shoo most cats that get too close, or a tom cat will chase out other toms and dominate the females). Cats in general clusters have a loose heirarchy system and top cats can mess with lower ranked cats as well as lower-mid ranks can fight for higher rank position and gain territory/food or possessions. If the boys smell a female in heat they can become especially aggressive. For the most part though, most cats that are fixed eventually learn to co exist as long as there's no unstable additions of cats, animals, and subtractions of furniture. If their needs are met, they often don't have many territory disputes.
@MattCRHughes
@MattCRHughes Жыл бұрын
Putting in a backyard coop has been life-changing. My ladies consistently lay 5 eggs a day & I don’t have to worry about them being mistreated. The quality is higher than even the cage-free organic eggs, because I let them roam my yard & forage for bugs, worms, etc. in addition to their feed. Battery cage farming is on the way out, and anyone whose business relies on it (Cal-Maine & others) is probably not a good investment. If anything, I’d take a short position.
@fgonzalez78959
@fgonzalez78959 Жыл бұрын
I doubt they lay 5 eggs a day each...thats a lie and you know it.
@MattCRHughes
@MattCRHughes Жыл бұрын
My flock of hens lays 5 eggs a day. Not 5 eggs/chicken/day.
@WhiteWolfos
@WhiteWolfos Жыл бұрын
Yes, the egg quality and taste is wayy better and it's actually cheaper too. I keep the older hens for pest control and they teach the young ones too. They are smart enough to alert for trouble and cluck at strangers.
@khysor1832
@khysor1832 Жыл бұрын
@@fgonzalez78959this has to be b8 😂
@masonkent9468
@masonkent9468 Жыл бұрын
@@fgonzalez78959 bruh he obviously didn't mean per chicken, he said "my ladies" not singular, its plural.
@ariantasariedimunthe4734
@ariantasariedimunthe4734 Жыл бұрын
CNBS : Who make money from egg ? Chicken farm owner : WTF ?? Very unreasonable question
@richardgomez5008
@richardgomez5008 Жыл бұрын
It's big business. Eggs producer are experts in their business. In Texas, Walmart's 60 count eggs box went over $25 in January 2023. Down to over $15 in early February 2023. Up over $16 in late February. No avian flu, no transportation costs increased, no feed increase, no wages increase for chickens. By Easter we will have abundance of eggs. Producers have scheduled production and other operations. Not all States have high eggs prices. Location, location, location.
@jcdenton1310
@jcdenton1310 Жыл бұрын
Eggs-perts
@bradleypollack5658
@bradleypollack5658 Жыл бұрын
Mexico 60 Eggs are around $10.00. When you have Wall Street running things. Regular people get screwed. Capitalism at its finest enjoy!!
@MicahBratt
@MicahBratt Жыл бұрын
It’s just amazing how popular eggs are when you think about what they are
@FA-pk5wx
@FA-pk5wx Жыл бұрын
what
@defcon1gaming
@defcon1gaming Жыл бұрын
@@FA-pk5wx Eggs
@Kai...999
@Kai...999 Жыл бұрын
Chickens deserve rights!
@ecognitio9605
@ecognitio9605 Жыл бұрын
Not really surprising considering it's an extremely dense source of nutrition.
@Sodainspace
@Sodainspace Жыл бұрын
They’re a cheap (at least used to be) and great source of protein and other nutrients
@arcynic5404
@arcynic5404 Жыл бұрын
So you’re saying the chicken doesn’t get paid for the eggs? Smh.
@Kai...999
@Kai...999 Жыл бұрын
Chickens deserve rights!
@davinp
@davinp Жыл бұрын
@@Kai...999 yes, just like your pet dog or cat, they should have animal rights
@Destorrrrr
@Destorrrrr Жыл бұрын
Problem is that if you pay the chickens more for the eggs, it will just feed into inflation as the chicken’s increasing spending power provides support for higher prices
@LazyboyRecliner
@LazyboyRecliner Жыл бұрын
Mine get paid. All my egg sales go to buying chicken treats.
@dannydaw59
@dannydaw59 Жыл бұрын
They're paid in 🌽
@HermannTheGreat
@HermannTheGreat Жыл бұрын
So the wholesale price up 8 cents, but the cost of a cartoon up 300%, typical business response.
@caitlinweiss8801
@caitlinweiss8801 Жыл бұрын
Yup. All they care about is profit.
@amycrown1
@amycrown1 Жыл бұрын
Literally, like watch me just buy my eggs from local farmers. That's my privilege though but still people are going to find away to not put money in these companies like it's not hard.
@genb4374
@genb4374 Жыл бұрын
Because they can; welcome to deregulated capitalism that destroys what makes capitalism work in the first place.
@samsonsoturian6013
@samsonsoturian6013 Жыл бұрын
It's called supply and demand. A lot of fools straight up told me they refuse to stop having eggs for breakfast daily, and there simply was not enough to go around.
@ikhbjhbkm5
@ikhbjhbkm5 Жыл бұрын
@@amycrown1 Local farmer probably bought them from Costco to resell to you.
@Jumper4ever93
@Jumper4ever93 Жыл бұрын
It's not about sustainability. It's about land grab and decrease in egg production. Not all farmers will have money to make renovations and will go out of business.
@dannystarner3666
@dannystarner3666 Жыл бұрын
A am a x dairy farmers I had 60 head I look for help from farm net they told me to rent my farm to the big farm they don't want small farms
@mbd501
@mbd501 Жыл бұрын
I buy organic, free-range eggs. Paid $5.99 for my last dozen. I think they're worth the extra money.
@avalosalex1993
@avalosalex1993 Жыл бұрын
I work for one of the cage free farms and yes they are way better and tastier because the chickens roam around and aren’t as stressed as they would be in a cage
@ShayKMBR
@ShayKMBR Жыл бұрын
I like that the country is shifting to more humane practices with animals. My ex husband used to work on a chicken farm and the conditions for both him, and the chickens, were deplorable. Tyson puts all chickens in a massive "coop" when they are chicks. Over the coming 2 months the lights slowly get turned down to the point of complete darkness. To make them not move as much because light generates more activity and they get depressed and just want to eat and get fat. In addition, many chickens commit suicide by pecking themselves to death and others that are "defective" (blind, broken legs, etc) are all culled. They are force fed with steroids to make them grow up faster and by month 2 they are fully grown. Most normal chickens are not fully grown for 8 months - 1 year. It was horrendous so I'm glad to see the laws changing. As far as costs go, that farm was in millions in debt because Tyson demanded certain upgrades yearly. If you didn't upgrade, they lost the contract. Upgrading also meant more debt and what the farmer made paled in comparison to the yearly "needed" upgrades. Add to that the actual worker barely making a liveable wage and the whole system is just miserly. I don't think that the owners of these businesses should make more than half their lowest paid employee. It would help curb the wage gap and corporate greed.
@thinkabout602
@thinkabout602 Жыл бұрын
so true - I would gladly pay more to clean up this industry but the congress is on the take sad to say
@Jumper4ever93
@Jumper4ever93 Жыл бұрын
@@thinkabout602 what will you get when you've finisjed cleaning up? Eggs for 10$ per package and 3 people fighting for 1 package to put food on their tables? Did you think about people?
@thinkabout602
@thinkabout602 Жыл бұрын
@@Jumper4ever93 scare tactics - maybe $4.00 at the most
@kehlanakareem9319
@kehlanakareem9319 Жыл бұрын
@@Jumper4ever93 the egg industry is a heavily buttressed industry by the United States, the small margins of profit just isn’t very logical to maintain this complex
@Jumper4ever93
@Jumper4ever93 Жыл бұрын
@@thinkabout602 Don't come here crying when you won't be able to afford or get eggs. People get what they deserve.
@jf7654
@jf7654 Жыл бұрын
If 1/3 of people got backyard chickens the egg industry as we know it would collapse.
@WillR-Cincy
@WillR-Cincy Жыл бұрын
In the Late ‘40’s my Grandmother owned an Egg Processing plant, I filled as an Egg Grader. I was 7-9 then, it was great fun✔️🙋‍♂️
@PacesIII
@PacesIII Жыл бұрын
I guarantee there's no more fun in the egg market. Corporations have made sure of that.
@eeaotly
@eeaotly Жыл бұрын
What is an Egg Grader?
@deepdude4719
@deepdude4719 Жыл бұрын
You are wealthy today. Congrats.
@mho...
@mho... Жыл бұрын
@@eeaotly fancy name for sorting/quality control person ... color, size, shape(oval/round), weight, etc
@eeaotly
@eeaotly Жыл бұрын
@@mho... I see. So it's a person who kind of does everything that is necessary. Thanks!
@justsomedudeontheinternet
@justsomedudeontheinternet Жыл бұрын
Its a shame that most of the farmers producing these eggs aren't seeing any of this money
@amazon4716
@amazon4716 Жыл бұрын
Oil companies rose prices Affected everything and everyone.
@kimopuppy
@kimopuppy Жыл бұрын
Profits are up 32% and egg prices are through the roof is unacceptable. I understand they need to earn a profit but that is outrageous
@Qubnomil
@Qubnomil Жыл бұрын
Truly some significant eggconomic impacts!
@vladimirpopovic8136
@vladimirpopovic8136 Жыл бұрын
Some basic info: Laying hen needs around 120 grams of feed per day, 3600 grams per month, 43200 grams per year
@Hdhfhhdh
@Hdhfhhdh Жыл бұрын
I only buy pastured raised chicken eggs from my local farms . Those poor chickens in cages can’t even stand up let alone have any sunlight or fresh air. That’s inhumane
@user-ml8kv3yz6k
@user-ml8kv3yz6k Жыл бұрын
Great video to put a complicated business chain into readable stories. Just a hint: 4:15, should the unit on the graph is billion rather than million?
@skyscraperfan
@skyscraperfan Жыл бұрын
Eggs from well treated chicken do not have to be expensive. In Germany you can buy eggs well treated chicken for less than 40 Cents a piece. Those chicken live in a huge space where they can run around the whole day.
@1995blooper
@1995blooper Жыл бұрын
That's the same cost as the 'expensive' eggs described in this video...
@YokoFuongAnh
@YokoFuongAnh Жыл бұрын
well treated chicken.. I cant believe people really believe that their free range eggs come from hens living on a green farm running around. It's a form of marketing fluff companies use to generate profit.
@landonkirk5444
@landonkirk5444 Жыл бұрын
40c an egg is expensive...
@UnboundErik
@UnboundErik Жыл бұрын
I can buy dozen eggs for $2 USD
@mariacheebandidos7183
@mariacheebandidos7183 Жыл бұрын
@@1995blooper this is very common in these videos, where a US media points out "issues" with an American thing, then you get a bunch of foreigners in the comment section missing the point, not understanding the context, ... quick to proclaim that the US is worse than them and other countries.
@marshamercer876
@marshamercer876 Жыл бұрын
Think it's terrible how they treat commercial chickens.
@PacesIII
@PacesIII Жыл бұрын
The egg market as a commercial venture has always been used as a semi profitable loss leader to bolster other markets owned by the conglomerate. Feed supports grain and other similar industries, vehicle and machinery support the oil industry, etc.
@targetedplantsguy9481
@targetedplantsguy9481 Жыл бұрын
I'm glad I have my own chickens.
@NeuraPod
@NeuraPod Жыл бұрын
Nicely put together
@mannymanny3859
@mannymanny3859 Жыл бұрын
Scammed by corporation
@samfrancisco8095
@samfrancisco8095 Жыл бұрын
My 3 backyard Hens Chiro, YoNo and Amelia are healthy, happy and love their Daddy.
@briand5379
@briand5379 Жыл бұрын
Free-range and cage free aren't much different than caged, so there should be very little difference in cost. The only differences with cage free they can move around a bit more with no open door and with free-range they can move around a bit more with an open door somewhere. Now if we start talking pasture raised and humane certified then the costs go up.
@kylesmith8128
@kylesmith8128 Жыл бұрын
As a chicken owner, I think there's a huge difference between caged and the others. For one, eggs taste better when they get exercise and better food (foraging insects and seeds). But the main thing is, packing animals in tightly is unethical and ALSO PRODUCES ILLNESSES that then spread at a global scale due to our modern airline industry.
@briand5379
@briand5379 Жыл бұрын
You seem to be under the impression the birds have a lot more freedom than they really do just because there's not a cage. When it comes to cage free, they are guaranteed no more space than caged, the only difference is they're not in a cage. So what big chain companies do is put birds on a shelf that's open at one end, stack them 4-5 layers high and put obstacles in front of them to encourage them not to jump. Free-range is the same as cage free, the only difference is they have a door open to the outside somewhere, it doesn't mean the bird goes outside. When they're humane certified or pasture raised, that's when the birds start getting some guaranteed rights like 1.5 sq ft per bird, 2 sq ft of outside space and 108 sq ft of pasture. With those guaranteed rights comes a better quality product. So the best eggs will be your free-range and pasture raised certified humane, which is probably what your birds would be considered.
@dougpatterson7494
@dougpatterson7494 Жыл бұрын
After caring for my neighbours free range hens as a teenager I don’t believe it is unethical to keep chickens in cages. They are incredibly stupid. Perhaps smarter than a goldfish but not by much. No one argues that it is inhumane to keep a goldfish in a small bowl.
@bonniegaither3994
@bonniegaither3994 Жыл бұрын
This is EXACTLY why I’ve stop buying eggs. There’s no shortage. It’s pure corporate greed!!
@rod4758
@rod4758 Жыл бұрын
the chickens make all the yoke!!😂😂😂
@g.t.g1111
@g.t.g1111 Жыл бұрын
THIS IS RIDICULOUS!!! This is PRICE GOUGING$$$$$$$
@monicaduby1362
@monicaduby1362 Жыл бұрын
I pay $5.87 February 2023. A luxury item
@MatuschkaRossija
@MatuschkaRossija Жыл бұрын
I give you a tip, it's not the farmers!
@leathan7
@leathan7 Жыл бұрын
I was arrested over flowers and lost my 3 chickens 😢. We should have chickens running around like overpopulated bunnies, my chickens would leave me an egg every single day and minded their own business, I never even fed them they just found stuffs and turned it into eggs.
@PacesIII
@PacesIII Жыл бұрын
​@Kaufman Andy He probably doesn't want neighbors. And I don't blame him.
@patrapper7367
@patrapper7367 Жыл бұрын
Well then do it
@TT-ik3kd
@TT-ik3kd Жыл бұрын
Bad neighbor alert
@jeremyray3371
@jeremyray3371 Жыл бұрын
a few hens are so low maintenance. if you have a fenced in back yard and an egg box, a few hens a water source and maybe some feed depending on your yard will give you a dozen a week and stay relatively quiet.
@Restorationshopyt
@Restorationshopyt Жыл бұрын
Good thing drug addicts don’t rule the roost in this country.
@HarukiYamamoto
@HarukiYamamoto Жыл бұрын
The reason the industry move to the battery system was to lower costs. Expect egg prices to stay up.
@LazyboyRecliner
@LazyboyRecliner Жыл бұрын
For the first time it's economically viable for small backyard producers and hobbyists to compete with big egg producers. I see this as a win. Happier chickens, better eggs, and reinvesting in your local economy.
@CulinaryCentury
@CulinaryCentury Жыл бұрын
who makes money from eggs ? Private corporations
@jamesstpatrick8493
@jamesstpatrick8493 Жыл бұрын
Grow your own chickens.. These animals can feel. I would like raise my own chickens when I buy land
@caitlinweiss8801
@caitlinweiss8801 Жыл бұрын
I'm a recent home owner and I didn't have room for chickens but I got some quail and it's been working out really well! I'd recommend to anyone without much space to work with.
@petergriffin7121
@petergriffin7121 Жыл бұрын
i first need to own a home with enough land for a few chicken and not have neighbors complaining.
@jamesstpatrick8493
@jamesstpatrick8493 Жыл бұрын
@@petergriffin7121 Had a chicken in my condo once. It was from an Asian friend. Chicken name was frank
@petergriffin7121
@petergriffin7121 Жыл бұрын
@@jamesstpatrick8493 but not allowed to have a rooster
@rephaelreyes8552
@rephaelreyes8552 Жыл бұрын
I'd say raise ducks. Mallard ducks lay bigger eggs and don't damage your crop like chickens do. Fun fact, people used to raise ducks for egg production until WWII
@diomedesmedina9900
@diomedesmedina9900 Жыл бұрын
In some stores, in NYC are sales small eggs as medium sizes and charging $4.25/ dozen. Too much speculation too.
@WaynoGur
@WaynoGur Жыл бұрын
Lady... I don't know where you buy your eggs but here in Southern Arizona we're paying $6 / dozen at Wally's World.
@xevious2501
@xevious2501 Жыл бұрын
so wait what? we are suppose to be happy that eggs are now 3 times the price and that those investors are getting rich!? is that the point? need we forget, when this sort of stuff happens with products, the price usually shifts to the higher. making things overall more costly. Everything will go up in price! and others will want to get in on the action.
@adam12havener
@adam12havener Жыл бұрын
We just get fed to corporations at every turn. All the while they consolidate and keep telling us it's going to be better for everyone. They are the job creators after all.
@jbar_85
@jbar_85 Жыл бұрын
Anything to make huge profits a the expense of us.
@ad75S8
@ad75S8 Жыл бұрын
I like eggs, wish I could afford the organic ones just too expensive, one day I'll have my own chicken coop, can't in city limits.
@chomihai
@chomihai Жыл бұрын
Like always big corporations
@SocietyNeedsImprovement
@SocietyNeedsImprovement Жыл бұрын
"We're going to be just fine" says the guy who doesn't live in a battery cage. Of course, as long as we live in this money based system, behavior will be motivated by profit. Workers will be exploited, chickens will be abused, chicken farmers will be put under contractual agreements that are impossible to abide by, just so that the parent company can show increased profits on their quarterly report. It's a sick system and we have to eliminate profit if we expect better behavior. Legislation alone will not work, as it is opposed to the interests of industry. Industry will resist with lobbyists, lies, and anything they can to maintain the current system and a competitive edge. They don't want to lose the market share that they already have.
@asdfghj6300
@asdfghj6300 Жыл бұрын
2:06 Kudos to people who made the animation they are so adorable
@LassieFarm
@LassieFarm Жыл бұрын
Greedy corporate industrial farms. Put those CEOs in a tiny cage
@themenacingbeast5437
@themenacingbeast5437 Жыл бұрын
80% of this industry is fueled by bodybuilders & their gymbros 😆
@fourthdeconstruction
@fourthdeconstruction Жыл бұрын
We know who but we keep paying more for eggs.
@samsonsoturian6013
@samsonsoturian6013 Жыл бұрын
Some of the people I spoke too flatly refused to eat oatmeal instead of eggs for breakfast no matter the cost. People these days really don't know how to manage their own cost of living....
@Volodimar
@Volodimar Жыл бұрын
Kyle (Ye told me)
@BlackSpaniard
@BlackSpaniard Жыл бұрын
The egg business like every other business in America needs to become less centralized and more distributed amongst and throughout the population
@samsonsoturian6013
@samsonsoturian6013 Жыл бұрын
It isn't remotely centralized. Anyone who wants to sell eggs can, and there's a whole list of major suppliers. And who gives a rip who's doing it? As long as it's cheap and of good quality.
@artieboyokay1255
@artieboyokay1255 Жыл бұрын
Why anyone would want to consume eggs that come from hens in battery cages is beyond me. It’s too unsanitary for me to stomach.
@elistover
@elistover Жыл бұрын
lemme guess the CEOs are millionaires and they think people living off 30,000 a year and under should be the ones to tighten their belts. i dont need a suit with their folding phone telling me theyve lost money
@gemelwalters2942
@gemelwalters2942 Жыл бұрын
they keep saying it's a "low margin" industry yet their annual profit growth and company valuation doesn't suggest that. Especially when you consider that these companies have a monopoly in the industry, they can more than adapt to cruelty free practices without passing that cost to consumers.
@AlexMint
@AlexMint Жыл бұрын
"low margin" may mean a profit of $.20/doz under ordinary circumstances, but the sheer volume more than made up for it.
@masonkent9468
@masonkent9468 Жыл бұрын
Yeah they're for sure low margin, but huge quantity so it makes up for it,
@CulinaryCentury
@CulinaryCentury Жыл бұрын
Awesome video
@amazon4716
@amazon4716 Жыл бұрын
Not all commercial farms use cages...
@ArchangelTyrael
@ArchangelTyrael Жыл бұрын
Where I'm from, it's The supermarkt. Pay the farmers 16 cents per egg. About 4 cents transport fee. Sell them for 56 cents each. These are organic eggs tho. So they take 64% while others do most of the work.
@freeguy3751
@freeguy3751 Жыл бұрын
I hope all egg farms are required by law to be cage-free ASAP. This atrocity has been going on for too long unchallenged.
@the80h
@the80h Жыл бұрын
case free doesn't mean sh!t
@3d_pablo
@3d_pablo Жыл бұрын
@@the80h think he meant pasture raised
@the80h
@the80h Жыл бұрын
@@3d_pablo I really doubt he did. As most people think cage free is good.
@someguy2135
@someguy2135 11 ай бұрын
Instead of hoping, each of us can do something about it! Permanently boycotting the products. Go vegan! Personally, I find adding black salt, pepper and nutritional yeast to tofu makes it taste exactly like the eggs I no longer eat. Much easier preparation and clean up too! Chop, season, and microwave. Rinse the plate when done eating.
@OkagaCalifornia
@OkagaCalifornia 10 ай бұрын
@@someguy2135 Yeah, sorry buddy, but that's not going to make a dent. Not everyone is going to go vegan, we need to be more realistic and start actually addressing these horrible conditions for the animals.
@banksy2870
@banksy2870 Жыл бұрын
The only way to put an end to factory farming of chickens (and animal cruelty in these egg factories) is to encourage families to rear chickens and develop a distributed network where families can sell any extra eggs to other consumers. The whole selling model has to be revisited. The conditions of those chickens in factory farms are deplorable. Govt. and some business men must take some initiative to develop this kind of business model.
@Jumper4ever93
@Jumper4ever93 Жыл бұрын
They want people to decrease consumption of animal products so what you're suggesting won't happen. They want more farmers out of business = less eggs for customers.
@thunderb00m
@thunderb00m Жыл бұрын
If you want a distributed supply chain, it will be more resilient but also be costly. This means higher egg prices.
@drury2d8
@drury2d8 Жыл бұрын
Doesn't work for capitalism, bud. USA worships $$$
@WhiteWolfos
@WhiteWolfos Жыл бұрын
If you can make a produce app you can create a network for local distributions/trading and sustain it with small ads or small subscription.
@humblecourageous3919
@humblecourageous3919 Жыл бұрын
Another option is: Anheuser-Busch is fermenting egg whites in tanks using the spent grain from making beer. It will have few emission, use little water, be free of hormones, avian flu, and - even be free of chickens. No chickens required. As a vegetarian for 50 years, I'm looking forward to this to help with climate change. Another company, Perfect Day, is making milk (exactly the same as cow's milk) without cows. For the eggs, google: Brewery waste could create plant-based eggs. Also another article: How Vegan Eggs of the Future are Made.
@lawHendrix9
@lawHendrix9 Жыл бұрын
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.
@miracle606onyemaechi
@miracle606onyemaechi Жыл бұрын
Wtf, y'all know mrs mabel Downey too wow, she’s really a good trader, she’s my portfolio manager, her skills are top notch.didn’t take her for the famous type.
@plustelegramonly8616
@plustelegramonly8616 Жыл бұрын
@Ashiru Umar for me I would say investing in Bitcoin was the best decision, I and my wife ever took because at some point we were running down and didn't know what to do anymore, thanks to my colleagues at work who introduced me to Mrs Mabel Downey
@mubarakidris2251
@mubarakidris2251 Жыл бұрын
my first experience with her gave me the assurance and confidence that has made me to invest without fear of losing כ'
@hyoroemongaming569
@hyoroemongaming569 Жыл бұрын
@Andreas meier i'm the non bot
@jordianimates255
@jordianimates255 Жыл бұрын
The title is super interesting because it's clickbait in the sense that it's phrased in a conspiratorial way to get you to click, then it gives you hard facts and data. really cool
@EarlyNai
@EarlyNai Жыл бұрын
price gouging by the companies thats what
@sandraaviles-wilkes7036
@sandraaviles-wilkes7036 Жыл бұрын
The key word here is SHAREHOLDERS!!
@synchronousmotor749
@synchronousmotor749 Жыл бұрын
*The hen makes money from egg*
@idontknowwhattodo9816
@idontknowwhattodo9816 Жыл бұрын
I’m not sure who makes money from eggs but I can tell you who don’t and it’s the chicken😅😂
@midhun3319
@midhun3319 Жыл бұрын
Definitely not the chicken’s 😂😂😂
@igaroot
@igaroot Жыл бұрын
Buy cage free or organic - A $hitty story about the industry is when contracts are struck with small farmers to have facilities on their property, the farmers are stuck with the waste products and disposal .
@Don2006
@Don2006 Жыл бұрын
Hold on a sec... we have 10% unaccounted for...
@rocksandoil2241
@rocksandoil2241 Жыл бұрын
Cage grown hens are rare in these parts. They are running in a house with nests. I appraise poultry farms and in 30 years I have seen exactly 1 caged operation and that was in the mid-90s. It is long since gone. Pullets don't have nests and breeder and grandparent stock are mostly in barns but free to roam.
@albanymountainhomestead
@albanymountainhomestead Жыл бұрын
No they are raised in barns where the ammonia is toxic... there all over Arkansas I've seen the conditions these birds are kept. Cage free means nothing if they never see the outdoors.
@twin2482
@twin2482 Жыл бұрын
@@albanymountainhomestead If it were at toxic levels the birds would die and the farmer would loss money. They are not dumb enough to have toxic levels. It may smell but not toxic.
@albanymountainhomestead
@albanymountainhomestead Жыл бұрын
@@twin2482 I have been in a chicken barn where the smell of ammonia was so bad my eyes were burning, and huer my lungs to breatg... tell me that's not toxic!
@twin2482
@twin2482 Жыл бұрын
@@albanymountainhomestead It depends on your definition of toxic. It was harmful but not deadly since you did not say that the barn was full of dead chickens.
@albanymountainhomestead
@albanymountainhomestead Жыл бұрын
@@twin2482 this was a commercial operation and no I didn't see dead birds but it was pretty dark inside this giant barn, and who's to say they didn't remove dead birds before people came. These birds were being given away as they were reaching the age of decreased egg production. As a chicken keeper myself and my birds never had a toxic smell like that. But if that's what is acceptable it's wrong, and needs to change. I was only there 15 minutes and my lungs hurt for days after. That is toxic period!
@djp1234
@djp1234 Жыл бұрын
Record profits and greed are the cause of inflation.
@kodyhenry7
@kodyhenry7 Жыл бұрын
It is the retail locations that think they need half of everything they make. We have to produce everything in that store and produce it at half price in order for Walmart to be making pure profit.
@amatvkhmer
@amatvkhmer Жыл бұрын
They are very good at producing
@sugarcan1110
@sugarcan1110 Жыл бұрын
Should sign up Connor Benn eating eggs 🤣🤣🤣
@41ankitt
@41ankitt Жыл бұрын
The conditions in which these hens are kept are appalling and it's not just the US it's happening all around the world ....
@japoc
@japoc Жыл бұрын
I believe you meant "appalling"
@41ankitt
@41ankitt Жыл бұрын
@@japoc Yes .... Thanks for the correction !
@ronnietjikoeri9965
@ronnietjikoeri9965 Жыл бұрын
Gonna assume that it's not the chicken making money
@drekelley2352
@drekelley2352 Жыл бұрын
This was eggducational👍
@gabor1991
@gabor1991 Жыл бұрын
How much do the chickens make tho?
@ala.9768
@ala.9768 Жыл бұрын
When they get old and stop laying eggs, where do the chickens go?
@freeguy3751
@freeguy3751 Жыл бұрын
bye bye birdie
@moewuw
@moewuw Жыл бұрын
this was an eggcellent video ngl
@patrickpaterson8785
@patrickpaterson8785 Жыл бұрын
Yeah I think I'll just keep buying the super high-quality eggs from the farm that's 2 miles from my house for $4/doz.
@jdenino6022
@jdenino6022 Жыл бұрын
I just bought eggs yesterday from Stop & shop for $5 a dozen- jumbo eggs some have double yolks too. Bought 3 dozen eggs to last a month till April.😊
@dannydaw59
@dannydaw59 Жыл бұрын
How did you hook up with the farmer?
@sunnym.4077
@sunnym.4077 Жыл бұрын
Every store is overstocked on eggs some are even spoiling, due to prices and no one buying them. This is what I'm seeing and when talking to folks in stores, "they are going to waste now"
@masonkent9468
@masonkent9468 Жыл бұрын
Then over supply should end up lowering the prices once they are sure they wont sell the quantity they need to or somehow they will ramp up advertising to sell more. We shall see, good old supply and demand should deal with it.
@samsonsoturian6013
@samsonsoturian6013 Жыл бұрын
Yeah, supply problem is going away so there's an overcorrection going on.
@McCarthy911
@McCarthy911 Жыл бұрын
How many chickens do we have
@pr520
@pr520 Жыл бұрын
Ban the cages, please !!
@ladyjay2884
@ladyjay2884 Жыл бұрын
man is cruel when he is all about the money
@Serveck
@Serveck Жыл бұрын
Bring backyard coops into style again. Eggs should be a vibrant orange. Not a pale yellow.
@LazyboyRecliner
@LazyboyRecliner Жыл бұрын
Backyard chickens are exploding in popularity right now. The price of chicks is way up this year and they're selling out fast
@cstoomey
@cstoomey Жыл бұрын
The chickens should get all the money!
@greeneclipse8088
@greeneclipse8088 Жыл бұрын
Idk about you, but I've noticed egg prices significantly dropping lately
@kodyhenry7
@kodyhenry7 Жыл бұрын
Not us farmers. Then again we hold all the power, so the second we stop selling to Walmart we can drop the prices in half.
@Citizen-of-theworld
@Citizen-of-theworld Жыл бұрын
Those conditions look terrible. I’m no vegetarian, but I know that I should feel guilty supporting the production of caged eggs. In the U.K., free range eggs are a norm, with 60% of all eggs now being free range but even this needs improving. The US stat is appalling for a developed and high income nation.
@gmodrules123456789
@gmodrules123456789 2 ай бұрын
Only 10 billion? I'd expect it to be way bigger given how eggs are used in almost everything.
@AK255.
@AK255. Жыл бұрын
People will pay the price for cage free eggs.
@DAEZJON
@DAEZJON Жыл бұрын
I just bought eggs a few mins ago , funny this shows up 😂
@stoundingresults
@stoundingresults Жыл бұрын
Your phone is spying on you. I was texting a boss about buying a Mazda Miata and sure enough KZbin recommends videos with out me hinting or typing in anything on search bar
@DAEZJON
@DAEZJON Жыл бұрын
@@stoundingresults happens every time !
@natesmith3949
@natesmith3949 Жыл бұрын
No mention of pasture-raised eggs?
@dskwared2u610
@dskwared2u610 Жыл бұрын
In the last 12 months, according to the financials at Yahoo Finance, the gross profit margins was 32.5%. That's considerably up from the previous several years noting a net loss in 2021. If they get too expensive I'll just switch to something else for breakfast bu t many recipes ask for eggs.
@maddogmaz1576
@maddogmaz1576 Жыл бұрын
Buy local
@dskwared2u610
@dskwared2u610 Жыл бұрын
@@maddogmaz1576 They're $10 & up per dozen.
@timberwolfe1645
@timberwolfe1645 Жыл бұрын
Are you STILL buying them now? Because I'm sure not paying 12x what they should cost which is $1
@dskwared2u610
@dskwared2u610 Жыл бұрын
@@timberwolfe1645 I paid $4.37 yesterday at the Walmart for Egglands Best Cage Free. I had to check myself out because everyone was at lunch. I should get a discount for checking myself out.😁
@DarkGT
@DarkGT Жыл бұрын
For 1 % descrease of hens =15% price increase. Worth it? Greed?
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