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.
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.
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.
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.
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.
"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
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
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?
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.
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.
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.
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.
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.
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.
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.
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.
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.
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 $16 in late February. No avian flu, no transportation costs increased, no feed increase, no wages increase for chickens. By Easter we will have abundance of eggs. Producers have scheduled production and other operations. Not all States have high eggs prices. Location, location, location.
Maybe this will wake people up to the idea that farm animals deserve better living conditions - it’s healthier and overall better for the animals, humans and the environment. 🌎🌍
I like that the country is shifting to more humane practices with animals. My ex husband used to work on a chicken farm and the conditions for both him, and the chickens, were deplorable. Tyson puts all chickens in a massive "coop" when they are chicks. Over the coming 2 months the lights slowly get turned down to the point of complete darkness. To make them not move as much because light generates more activity and they get depressed and just want to eat and get fat. In addition, many chickens commit suicide by pecking themselves to death and others that are "defective" (blind, broken legs, etc) are all culled. They are force fed with steroids to make them grow up faster and by month 2 they are fully grown. Most normal chickens are not fully grown for 8 months - 1 year. It was horrendous so I'm glad to see the laws changing. As far as costs go, that farm was in millions in debt because Tyson demanded certain upgrades yearly. If you didn't upgrade, they lost the contract. Upgrading also meant more debt and what the farmer made paled in comparison to the yearly "needed" upgrades. Add to that the actual worker barely making a liveable wage and the whole system is just miserly. I don't think that the owners of these businesses should make more than half their lowest paid employee. It would help curb the wage gap and corporate greed.
@@thinkabout602 what will you get when you've finisjed cleaning up? Eggs for 10$ per package and 3 people fighting for 1 package to put food on their tables? Did you think about people?
@@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
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.
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.
@@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.
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.
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.
@@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
@@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
@@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.
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
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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
Excuses, excuses, excuses; the reason is straight-up greed, and price gouging. None of the causes they give contributed that much more to the cost. Companies just used all the commotion from the pandemic, etc., to raise their prices as much as they could get away with, just like everybody else did. Corporations are out of control, and it's because they've -bribed- lobbied all the politicians that _should_ be regulating them.
Back in 2020 during covid shutdowns I picked up cardboard boxes from Salinas and took them to a food warehouse hub in LA. There were trucker shortages DURING shutdowns so brokers were paying higher than usual.
@@stoundingresults, were there worker shortages, or worker _pay_ shortages? 9/10 times when a company says they "can't find any employees", what they really mean is, they can't find anyone to exploit, for the money they're willing to pay.
lol, so many young idiots today who are bitter because they can’t find $100k/year fast food jobs despite their eight year, six figure educations. I love it!!!
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.
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.
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.
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.
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.
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.
"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.
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.
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.
I'm celebrating my 30 year vegan anniversary this year, and when I see those poor girls in those deplorable conditions, I'm so happy I chose to become vegan back in '93!
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.
@@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.
I don’t know how but you’ve managed to package an unbiased analysis that is more entertaining than the sensationalised segment of economic and financial news. Thank you for your efforts to be the signal and not the noise.Don't get me wrong, I understand that the economy is in shambles and that we must wait for the stock market to recover in order to break even and make a profit, but how are some people in the same stock market as me still able to pull off substantial profits of as much as 650K within months, what am I doing wrong?
That's right, I started investing sometime in 2020 and by late 2021, I pulled a profit of over $750k with no prior investment knowledge or skill. I was basically following the guidelines set by my Investment-Adviser, so you don't necessarily need to be a perfect investor or do the hard works. Just have a financial market pundit who guides & mentor you.
Inflation is over 10%, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?
@@marcelrobert9569 Sure, the Invēstment-Adviser that guides me is "Julie Anne Hoover". She's renowned and has quite a following. It shouldn't be a hassle finding her. Just look her up.
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.
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
I'm new to stock market /Crypto and would like to invest but I've go no idea on how to make good profits. Pls what's the best approach you'd recommend?
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.
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.
@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
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.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life
@Jamie Janny Exactly ! That's my major concern and what kind of profitable business or investment can someone do with the current rise in economic downturn
So, it seems that the price of eggs has risen drastically because nobody is watching profiteers and greedy producers. Price controls are the answer. Abrupt end to inflation results immediately! If the number of laying hens is down 5% and the price increase is up 20% the question is should egg and poultry producers be allowed to profit in this way when it has been shown that bird flu can and should be managed with proper husbandry at not crazy costs. I say this is the time for price controls and we must have them immediately!
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 .
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.
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.
@@albanymtnlife 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.
@@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 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!
They might mostly eat corn but corn has been subsidized by the US government since the 30s... and was so cheap that it was intentionally, since the 70s, stuffed in things as a filler to drive down costs. And increase profits.
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.
I'm pretty sure that many of us would like for better treatment of all animals, but the reality is that at the end of the day what matters most to us the consumer is 'price!' How much are willing to pay? Considering the fact that most of us live paycheck to paycheck, we are forced to seek and buy the cheaper eggs.
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.
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.
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.
I only pay $1.99 for Large Eggs at the local store, where everywhere else is 4.00 and up in cost. At Aldi Grocery store, before year 2020. I paid 58 cents for Large Eggs . There's NO REASON WHY FOOD SHOULD COST THIS MUCH, IT'S only making Corporations become Richer than everrr. Where the Average person who pays out a lot of money for food and that's NOT the only Bill , they have to pay per month.
CNBC this is so sad, I grew up on farm my family had 230 chickens they ran free we did not cage chickens I used to play with baby chickens they so soft cute I feel so sad and awful how these chickens they got feelings. I hope there a different way to treat these chickens. maybe I am to sensitive but I grew up loving animals birds and anything that has feelings. I think there got to be a better way to take care of chickens. all animals actually.
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....
I haven't eaten eggs over ten years and I am perfectly healthy!!! Go plant based/vegan! Go cruelty free! Love and compassion for fellow earthlings rule!!!
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
Battery cages have been banned in the European Union since 2012, after a 12-year phase-out period. I don't think future generations will look back kindly on us for how we are treating farm animals.
@5:35 How To Hold A Chicken 101: 1. Do not grab the a chicken by the wings bend them backward, and hold both of the wings together so you can grab the chicken with your free hand, allowing you to grab a second chicken just the same way. This is animal abuse. No self-respecting farmer treats their animals like this. I think the #USDA needs to send someone to apply, undercover, much like how PETA investigates facilities like this. #FSIS
I have kept free ranged chickens for around 43 years, I once had 110 birds, I currently have 41 birds. Selling eggs at half dozen for £1.50, I am not in it for a profit, the hens are my pets, I know them all by name. I have never eaten any of my birds. And never will. They hatch out, live their life & die of old age
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
What's the problem? We all know the short supply caused the price of eggs to go up, increasing profit margins for farmers and distributers. Now that's gone.
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"
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.
- Who Makes Money From Eggs?
-- Well, not the chicken for sure.
Shareholders
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.
@rafaeldejesus8199 yeah. I guess minimum wage workers are worse than slaves? lol.
@rafaeldejesus8199 life is what it is, what can i tell ya. lol.
Chickens deserve rights!
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.
Like you'd know a damn thing about the insides of a farm.
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.
@@mintifu1658 excuses 😅
God bless America 🇺🇸 pray 🙏🏾
@@firstdayversion1015 What?
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.
My free-range bird eggs range from $3 to $6 a dozen, depending on breed, color, size, and species. All sold "at the gate". I can legally do this in my state, but I can't sell raw goat milk. That's acquired by donation only, or so I've heard. Our free-rangers are healthy and have better nutrition from foraging. We are hundreds of miles from any egg "factories" so hopefully, they will remain protected from the disease factories.
Allah Akbar
@@blahblah2779 Ragnarök
I love people like you. I wish I had access to straight-from-the-farm eggs here but I don't :(
"You got chickens, you get free eggs".
No we dont. Iv been "paying" 5 bucks a dozen since my birds started laying.
Feed, bedding and a increase in water bill. My duck pools caused the water bill to jump 20ish bucks a month.
That all factors into my "free" eggs.
Mine also free range. I dont let them loose when we are not home. I lost a few to hawk attacks. My wife lets them out around 330 when she gets home and they are loose all weekend
@@stanmondzelewski9253 I'd gladly pay 5$ for a dozen free range eggs knowing they come from hens who are treated well
So you’re saying the chicken doesn’t get paid for the eggs? Smh.
Chickens deserve rights!
@@Kai...999 yes, just like your pet dog or cat, they should have animal rights
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
Mine get paid. All my egg sales go to buying chicken treats.
They're paid in 🌽
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?
Started raising my own backyard flock few years back, and now I don't have to go to store to get eggs :)
my dream!
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.
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.
@sourav jaiswal they are used in chicken products like soup etc.
@sourav jaiswal old chickens tend to have more fat and tougher meat. People expect their chicken to be leaner and tender
That's quite humane and efficient... I though it was worse...
Yes, so? U want them in ur house? Are millions
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.
I doubt they lay 5 eggs a day each...thats a lie and you know it.
My flock of hens lays 5 eggs a day. Not 5 eggs/chicken/day.
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.
@@fgonzalez78959this has to be b8 😂
@@fgonzalez78959 bruh he obviously didn't mean per chicken, he said "my ladies" not singular, its plural.
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.
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
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.
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.
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.
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.
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.
Eggs-perts
Mexico 60 Eggs are around $10.00. When you have Wall Street running things. Regular people get screwed. Capitalism at its finest enjoy!!
Maybe this will wake people up to the idea that farm animals deserve better living conditions - it’s healthier and overall better for the animals, humans and the environment. 🌎🌍
I have a feeling you wouldn't know a farm if we dropped you inside one.
@@weird-guy not if you know a damn thing about agriculture
I like that the country is shifting to more humane practices with animals. My ex husband used to work on a chicken farm and the conditions for both him, and the chickens, were deplorable.
Tyson puts all chickens in a massive "coop" when they are chicks. Over the coming 2 months the lights slowly get turned down to the point of complete darkness. To make them not move as much because light generates more activity and they get depressed and just want to eat and get fat. In addition, many chickens commit suicide by pecking themselves to death and others that are "defective" (blind, broken legs, etc) are all culled. They are force fed with steroids to make them grow up faster and by month 2 they are fully grown. Most normal chickens are not fully grown for 8 months - 1 year. It was horrendous so I'm glad to see the laws changing.
As far as costs go, that farm was in millions in debt because Tyson demanded certain upgrades yearly. If you didn't upgrade, they lost the contract. Upgrading also meant more debt and what the farmer made paled in comparison to the yearly "needed" upgrades. Add to that the actual worker barely making a liveable wage and the whole system is just miserly. I don't think that the owners of these businesses should make more than half their lowest paid employee. It would help curb the wage gap and corporate greed.
so true - I would gladly pay more to clean up this industry but the congress is on the take sad to say
@@thinkabout602 what will you get when you've finisjed cleaning up? Eggs for 10$ per package and 3 people fighting for 1 package to put food on their tables? Did you think about people?
@@Jumper4ever93 scare tactics - maybe $4.00 at the most
@@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
@@thinkabout602 Don't come here crying when you won't be able to afford or get eggs. People get what they deserve.
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.
That's the same cost as the 'expensive' eggs described in this video...
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.
40c an egg is expensive...
I can buy dozen eggs for $2 USD
@@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.
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.
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.
Free market magic right there...
@@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
@@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
@@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.
THIS IS RIDICULOUS!!! This is PRICE GOUGING$$$$$$$
I buy organic, free-range eggs. Paid $5.99 for my last dozen. I think they're worth the extra money.
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
It’s just amazing how popular eggs are when you think about what they are
what
Chickens deserve rights!
Not really surprising considering it's an extremely dense source of nutrition.
They’re a cheap (at least used to be) and great source of protein and other nutrients
We love the unfertilized eggs of chickens. 😋
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CNBS : Who make money from egg ?
Chicken farm owner : WTF ?? Very unreasonable question
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
Excuses, excuses, excuses; the reason is straight-up greed, and price gouging. None of the causes they give contributed that much more to the cost. Companies just used all the commotion from the pandemic, etc., to raise their prices as much as they could get away with, just like everybody else did. Corporations are out of control, and it's because they've -bribed- lobbied all the politicians that _should_ be regulating them.
Back in 2020 during covid shutdowns I picked up cardboard boxes from Salinas and took them to a food warehouse hub in LA. There were trucker shortages DURING shutdowns so brokers were paying higher than usual.
@@stoundingresults, were there worker shortages, or worker _pay_ shortages? 9/10 times when a company says they "can't find any employees", what they really mean is, they can't find anyone to exploit, for the money they're willing to pay.
lol, so many young idiots today who are bitter because they can’t find $100k/year fast food jobs despite their eight year, six figure educations. I love it!!!
@@Johnfisher12345, Yeah, that's happening. Maybe you could benefit from a little school, since, you seem to be lacking.
So the wholesale price up 8 cents, but the cost of a cartoon up 300%, typical business response.
Yup. All they care about is profit.
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.
Because they can; welcome to deregulated capitalism that destroys what makes capitalism work in the first place.
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.
@@amycrown1 Local farmer probably bought them from Costco to resell to you.
I pay $5.87 February 2023. A luxury item
Greedy corporate industrial farms. Put those CEOs in a tiny cage
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?
Some basic info:
Laying hen needs around 120 grams of feed per day, 3600 grams per month, 43200 grams per year
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.
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
Oil companies rose prices
Affected everything and everyone.
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.
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.
If you want a distributed supply chain, it will be more resilient but also be costly. This means higher egg prices.
Doesn't work for capitalism, bud. USA worships $$$
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.
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.
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✔️🙋♂️
I guarantee there's no more fun in the egg market. Corporations have made sure of that.
What is an Egg Grader?
You are wealthy today. Congrats.
@@eeaotly fancy name for sorting/quality control person ... color, size, shape(oval/round), weight, etc
@@mho... I see. So it's a person who kind of does everything that is necessary. Thanks!
"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.
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.
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.
Anything to make huge profits a the expense of us.
*The hen makes money from egg*
Its a shame that most of the farmers producing these eggs aren't seeing any of this money
If 1/3 of people got backyard chickens the egg industry as we know it would collapse.
I'm celebrating my 30 year vegan anniversary this year, and when I see those poor girls in those deplorable conditions, I'm so happy I chose to become vegan back in '93!
Congratulations!!!
God if only more people could be like you!!! This poor Magnificent Earth would be a heaven on Earth. Peace
I hope all egg farms are required by law to be cage-free ASAP. This atrocity has been going on for too long unchallenged.
case free doesn't mean sh!t
@@the80h think he meant pasture raised
@@pabloG3d I really doubt he did. As most people think cage free is good.
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.
@@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.
I don’t know how but you’ve managed to package an unbiased analysis that is more entertaining than the sensationalised segment of economic and financial news. Thank you for your efforts to be the signal and not the noise.Don't get me wrong, I understand that the economy is in shambles and that we must wait for the stock market to recover in order to break even and make a profit, but how are some people in the same stock market as me still able to pull off substantial profits of as much as 650K within months, what am I doing wrong?
That's right, I started investing sometime in 2020 and by late 2021, I pulled a profit of over $750k with no prior investment knowledge or skill. I was basically following the guidelines set by my Investment-Adviser, so you don't necessarily need to be a perfect investor or do the hard works. Just have a financial market pundit who guides & mentor you.
Inflation is over 10%, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?
@@marcelrobert9569 Sure, the Invēstment-Adviser that guides me is "Julie Anne Hoover". She's renowned and has quite a following. It shouldn't be a hassle finding her. Just look her up.
Grow your own chickens.. These animals can feel. I would like raise my own chickens when I buy land
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.
i first need to own a home with enough land for a few chicken and not have neighbors complaining.
@@petergriffin7121 Had a chicken in my condo once. It was from an Asian friend. Chicken name was frank
@@jamesstpatrick8493 but not allowed to have a rooster
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
Truly some significant eggconomic impacts!
Think it's terrible how they treat commercial chickens.
I'm new to stock market /Crypto and would like to invest but I've go no idea on how to make good profits. Pls what's the best approach you'd recommend?
Mrs Claudia Walter's service is really good, I invested $22,000 and made a profit of $81,000 after a week. I still wonder how she gets her analysis
How can get in contact with her? And amount needed for a nice start up? Am interested to invest please.
@@nelsonkatherine2123 you can make a quick contact with her. She's always active on wassap
United States👎 ＋𝟏𝟕𝟎𝟐𝟗𝟗𝟕𝟓𝟓𝟖𝟔👍
United States
+1702
I'm glad I have my own chickens.
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.
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כ'
@Andreas meier i'm the non bot
Scammed by corporation
man is cruel when he is all about the money
In some stores, in NYC are sales small eggs as medium sizes and charging $4.25/ dozen. Too much speculation too.
The reason the industry move to the battery system was to lower costs. Expect egg prices to stay up.
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.
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life
@Jamie Janny Exactly ! That's my major concern and what kind of profitable business or investment can someone do with the current rise in economic downturn
@Jamie Janny Yeah you're right that's why I had start Forex trading two months ago and now i'm making benefits from it now .
Mrs Benson Sandra has changed my financial
status for the best , all thanks to my aunt
Who introduced her to me.
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.
So, it seems that the price of eggs has risen drastically because nobody is watching profiteers and greedy producers. Price controls are the answer. Abrupt end to inflation results immediately!
If the number of laying hens is down 5% and the price increase is up 20% the question is should egg and poultry producers be allowed to profit in this way when it has been shown that bird flu can and should be managed with proper husbandry at not crazy costs.
I say this is the time for price controls and we must have them immediately!
Lady... I don't know where you buy your eggs but here in Southern Arizona we're paying $6 / dozen at Wally's World.
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 .
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.
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.
@@albanymtnlife 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.
@@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!
@@albanymtnlife 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.
@@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!
They might mostly eat corn but corn has been subsidized by the US government since the 30s... and was so cheap that it was intentionally, since the 70s, stuffed in things as a filler to drive down costs. And increase profits.
the chickens make all the yoke!!😂😂😂
My 3 backyard Hens Chiro, YoNo and Amelia are healthy, happy and love their Daddy.
I give you a tip, it's not the farmers!
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.
For 1 % descrease of hens =15% price increase. Worth it? Greed?
I'm pretty sure that many of us would like for better treatment of all animals, but the reality is that at the end of the day what matters most to us the consumer is 'price!' How much are willing to pay? Considering the fact that most of us live paycheck to paycheck, we are forced to seek and buy the cheaper eggs.
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.
People will pay the price for cage free eggs.
The egg business like every other business in America needs to become less centralized and more distributed amongst and throughout the population
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.
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.
"low margin" may mean a profit of $.20/doz under ordinary circumstances, but the sheer volume more than made up for it.
Yeah they're for sure low margin, but huge quantity so it makes up for it,
Like always big corporations
Ban the cages, please !!
Not all commercial farms use cages...
The conditions in which these hens are kept are appalling and it's not just the US it's happening all around the world ....
I believe you meant "appalling"
@@japoc Yes .... Thanks for the correction !
I only pay $1.99 for Large Eggs at the local store, where everywhere else is 4.00 and up in cost.
At Aldi Grocery store, before year 2020. I paid 58 cents for Large Eggs .
There's NO REASON WHY FOOD SHOULD COST THIS MUCH, IT'S only making Corporations become Richer than everrr.
Where the Average person who pays out a lot of money for food and that's NOT the only Bill , they have to pay per month.
CNBC this is so sad, I grew up on farm my family had 230 chickens they ran free we did not cage chickens I used to play with baby chickens they so soft cute I feel so sad and awful how these chickens they got feelings. I hope there a different way to treat these chickens. maybe I am to sensitive but I grew up loving animals birds and anything that has feelings. I think there got to be a better way to take care of chickens. all animals actually.
We know who but we keep paying more for eggs.
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....
Kyle (Ye told me)
The key word here is SHAREHOLDERS!!
I don’t think I’ll be eating eggs again…
I haven't eaten eggs over ten years and I am perfectly healthy!!! Go plant based/vegan! Go cruelty free! Love and compassion for fellow earthlings rule!!!
This is EXACTLY why I’ve stop buying eggs. There’s no shortage. It’s pure corporate greed!!
Nicely put together
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
Idk about you, but I've noticed egg prices significantly dropping lately
who makes money from eggs ? Private corporations
Battery cages have been banned in the European Union since 2012, after a 12-year phase-out period. I don't think future generations will look back kindly on us for how we are treating farm animals.
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.
Bring backyard coops into style again. Eggs should be a vibrant orange. Not a pale yellow.
Backyard chickens are exploding in popularity right now. The price of chicks is way up this year and they're selling out fast
A 13 minute video just to tell me it's greed. We know it's greed!!
you didn't pay attention, did you?
2:06 Kudos to people who made the animation they are so adorable
Don't buy the egg if you are worried about the chicken.
More realistic would be to change the laws if you're worried about the chickens.
@@jhannon9495 Good luck with that!
I don't buy the eggs, refuse to support factory farms/ concentration camps
@5:35 How To Hold A Chicken 101: 1. Do not grab the a chicken by the wings bend them backward, and hold both of the wings together so you can grab the chicken with your free hand, allowing you to grab a second chicken just the same way. This is animal abuse. No self-respecting farmer treats their animals like this. I think the #USDA needs to send someone to apply, undercover, much like how PETA investigates facilities like this. #FSIS
In Europe, you don't pay "electricity bill" for eggs.
EU ban the washing practice unlike in USA, to maintain it natural protective layer on egg shell.
I don't want bird poop on my eggs.
The chickens need to be compensated for being the source. #ChickenLivesMatter
#AnimalLivesMatter
Record profits and greed are the cause of inflation.
I have kept free ranged chickens for around 43 years, I once had 110 birds, I currently have 41 birds.
Selling eggs at half dozen for £1.50,
I am not in it for a profit, the hens are my pets, I know them all by name.
I have never eaten any of my birds. And never will.
They hatch out, live their life & die of old age
My mother also don’t want to eat their chicken but my grandmother does 😂, also in my country half a dozen is about 1,19€ on the supermarket.
price gouging by the companies thats what
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
They claim tight margins and expensive new regulations but cal-maine has a dividend over 5% right now. Smells like bs to me.
It's not much.
What's the problem? We all know the short supply caused the price of eggs to go up, increasing profit margins for farmers and distributers. Now that's gone.
I'm happy that chicken battery cages are banned in my country... It breaks my heart to see them like that.
Treat chickens better!!! Chickens deserve rights!!!
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"
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.
Yeah, supply problem is going away so there's an overcorrection going on.