• Eggs prices have significantly increased due to an outbreak of avian flu in the Midwest about a year ago.
• Chickens have to be raised for 2–6 months before they can lay eggs, meaning prices won‘t go back down for 3–4 months.
• The Ukraine War has caused a disruption in wheat production, with corn and oil seeds being favored due to their higher income potential.
• If the Russians succeed in their Spring offensive, they are likely to target food production and transport, resulting in the loss of Ukraine being the world‘s 5th largest exporter of wheat, 4th largest exporter of corn, and top oil seeds exporter.
• Prices may not go back down for a year or more.
Published February 10, 2023
Visit YouTube to read Peter Zeihan’s original vlog Peter Zeihan – Why Are My Eggs So D*** Expensive?
