Posted on 01/16/2024 7:35:36 AM PST by marcusmaximus
As the war in Ukraine rages on, Vladimir Putin has another battle on his hands: the one to rein in soaring egg prices.
Moscow is scrambling to contain a flare-up in basic food costs that's driven up inflation and caused long queues outside supermarkets that hearken back to when the country was a part of the Soviet Union.
Eggs have come to symbolize the economic disruption that Russia is facing, with prices jumping 42% in the 12 months prior to November 2023, per data from the country's statistics agency Rosstat.
They've become so expensive that shops in some regions are now selling them individually, for up to 20 Russian rubles (23 cents) an egg, according to the Telegraph. Other basic foods, including bananas, oranges, and tomatoes, have also soared in price over the past year due to massive labor-market shortages, soaring energy costs, and the plunging ruble.
-snip-
For Russians born before 1991, the long lines at supermarkets might bring back memories of the Soviet Union, when massive queues and hoarding were common due to the communist country suffering frequent bouts of crippling food shortages.
(Excerpt) Read more at businessinsider.com ...
:P
It will scramble all their finances.
They eat the eggs before they become chickens ,LOL
Om-e-let them worry about it now.
We are all discovering it. It's just a matter of time and awareness.
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eggs are up 50 cents a dozen here since last week at walmart. they actually cost more here than in Both Ukraine and Russia, which Both countries have a eggflation problem right now......We should ship a few hundred billion to Ukraine, so they can sell them to Russia on the black market and lower the cost for both countries simultaneously.
Thats depressing..WW2 caused the spike, then it settled down, then the woke money laundering scum politicians are causing the current one.
When faced with graphic evidence across a span of time, some things seem much clearer than mere prose -- and especially "Squirrel! Look over there!: -- can show.
The egg whisperer
I wonder if the hypocrites here even know that they are putting Russian gasoline in the tanks that comes from Russian oil.
.
US resumes Russian oil imports, defies sanctions
"According to the US Energy Information Administration (EIA), the US imported 36,800 barrels of Russian oil in October and 9,900 barrels in November, worth $2.7 million and $749,500, respectively. The imports were made possible by specific licenses granted by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC), which oversees the enforcement of sanctions."
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"The EIA data also revealed that the US paid a premium for the Russian oil, as one barrel cost $74 in October and $76 in November, well above the “price cap” of $60 per barrel set by the US and its allies in 2022. The price cap was part of a coordinated effort by the US, the G7 countries, the EU, Switzerland, and Australia to reduce Russia’s income from oil exports, as a response to its annexation of Crimea and support for separatists in eastern Ukraine.".
LOL>
Walmart has decent prices on eggs, currently not great but better than Safeway.
And yet every Russian blogger and YouTuber I’ve seen recently shows pictures of these fancy Russian megastores that would put a Super Wal-Mart to shame with packed shelves and all kinds of variety. Admittedly the people that do these videos are likely wealthier and living and big cities so things might be different in small villages, but from what I’ve seen Russia seems to be doing quite fine.
“Why is it always eggs that are the problem?”
Because eggs are inexpensive protein and they’re integral to most baked goods. Interruptions to egg production are also indicative of failures in the supply chain.
I raise chickens and sell eggs. The first supply chain issue for me is going to be composite feed. That’s a big one for me and an even bigger concern for factory-level egg production. No feed means no eggs.
And it’s not like you can just put out scratch for the chickens. There’s feed additives and feed ferments that go into a good composite formula for egg layers.
I have no idea what component of feed is missing in Russia because they make plenty of grain and etc. so it’s going to be something they get from outside of Russia that’s the problem.
In any case, egg production is an indicator of issues and where eggs are so important to our diets it’s no joke when you have an egg shortage.
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