Thursday, April 10, 2025

Why? Because Trump is bloviating again! (Easter egg profiteering edition)

 
Top headline:  CNN
Bottom headline:  Wisconsin State Journal

Josh Funk (AP) reports in the State Journal:
In defiance of President Donald Trump's predictions, U.S. egg prices increased again last month to reach a new record-high of $6.23 despite a drop in wholesale prices and no egg farms having bird flu outbreaks. 
The increase reported Thursday in the Consumer Price Index means consumers and businesses that rely on eggs should not anticipate immediate relief. Demand for eggs is typically elevated until after Easter, which falls on April 20.  
Industry experts were expecting the index to reflect a drop in retail egg prices because wholesale egg prices dropped significantly in March[emphasis added]

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