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I knew egg prices were high but this is crazy! I wasn't aware eggs became this expensive since I usually have cereal for breakfast.
Observant, the following is not directed at you. its simply an observation re the Great Egg Hysteria of 2025 gneerally....
3/11 stopped at my local Kroger this afternoon. Decided to see what the big fuss about "omigod egg prices are sooo high.." Bought 1 dozen large eggs for $4.39. That wasn't a special promotion, no coupon was used. Its simply the price staring me in the face on my store receipt.
If the merchant you patronize is price-gouging eggs, maybe do some comparison shopping? Most major cities have ethnic grocery stores (Latin, Asian). Generally ethnic grocers charge a lot less for unpackaged foods than do their American counterparts. I would think that a trip to one's local grocer might be worth it to those who are stressing about their eggs. Maybe its time to tear up the Costco membership, avoid Whole Foods, and visit the local Asian grocer? Maybe avoid the $6 coffees at Starbucks too? Costco in particular, generates a lot of (well-deserved) consumer loyalty.. perhaps they are trying to exploit that where customers will just shrug their shoulders and not blink at the prices for eggs, given all the 'static' about egg prices?
Eggs are not "eggs". They come in many grades and varieties. One store that we visit each week has at least six different types of eggs, varying on size, color, and feeding/living conditions of the laying chickens. The prices range from approximately $5 to $12 per dozen. This particular store happens to be in a Northern California agricultural area which has been an egg and chicken producing center for at least 100 years, so the store has local access to many types of available eggs.
This could not be replicated by large grocery chains, Costco or otherwise, who need huge quantities of eggs and are therefore limited as to sources able to provide that large supply. So it's no surprise that individual smaller stores might have access to small local producers, with significant price differences because of that. Perhaps the local Kroger store has access to some local producers also. Some chains allow individual stores to purchase locally, others do not.
Just looking at the big indexes (not necessarily representative of the broader market) they really haven’t fallen that much yet …
DJI -2.61% YTD (after today)
S&P 500 -5.26% YTD (after today)
The high flying NASDAQ is off about 10% YTD. The Russell 2000 looks perhaps inviting, down -9.26% YTD
Despite all the political fervor / outrage (which I agree with), the markets are coming off a couple strong years. I’m eager to put more cash to work - but not yet. Sometimes you get paid to wait.
If anyone hasn’t noticed, consumers staples have turned up in recent months. Could be due to a long period of undervaluation. But could also be a sign of coming recession during which staples usually hold up better.
If the 10-year rate keeps falling, mortgage rates might become briefly attractive again. Something to keep an eye on.
Eggs are not "eggs". They come in many grades and varieties. One store that we visit each week has at least six different types of eggs, varying on size, color, and feeding/living conditions of the laying chickens. The prices range from approximately $5 to $12 per dozen. This particular store happens to be in a Northern California agricultural area which has been an egg and chicken producing center for at least 100 years, so the store has local access to many types of available eggs..
You're making me hungry.
Sounds like Andy's Produce near Sebastapol, among other fine stores in Sonoma. Of course Petaluma was known as the Egg Capital of the World back in the day.
New people enter the market for the first time every day. Let me randomly pick Feb 19.
Mr. X bought SPY on February 19 at the close for $612.93 per share. Today, SPY closed at $555.92. So, Mr. X lost 9.3% on his February 19 purchase. Feel free to do the math for the other indices from their Feb 19 levels.
The levels of stock market does not bother me but I know it is not irrational to feel bothered.
Evidently, one of the bond fund traders in this forum has gone to 100% cash (or MM).
You got it. We go up to Guerneville every Friday afternoon and stop at Andy's on the way. Have done so for years. Back to SF on Monday evening, sometimes stop at Novato Costco on the way home.
I knew egg prices were high but this is crazy! I wasn't aware eggs became this expensive since I usually have cereal for breakfast.
Observant, the following is not directed at you. its simply an observation re the Great Egg Hysteria of 2025 gneerally....
3/11 stopped at my local Kroger this afternoon. Decided to see what the big fuss about "omigod egg prices are sooo high.." Bought 1 dozen large eggs for $4.39. That wasn't a special promotion, no coupon was used. Its simply the price staring me in the face on my store receipt.
If the merchant you patronize is price-gouging eggs, maybe do some comparison shopping? Most major cities have ethnic grocery stores (Latin, Asian). Generally ethnic grocers charge a lot less for unpackaged foods than do their American counterparts. I would think that a trip to one's local grocer might be worth it to those who are stressing about their eggs. Maybe its time to tear up the Costco membership, avoid Whole Foods, and visit the local Asian grocer? Maybe avoid the $6 coffees at Starbucks too? Costco in particular, generates a lot of (well-deserved) consumer loyalty.. perhaps they are trying to exploit that where customers will just shrug their shoulders and not blink at the prices for eggs, given all the 'static' about egg prices?
Eddie, I am concerned with your eyesight. Today, 1 dozen Kroger brand large eggs are $5.49 at the Kroger on Mockingbird Ln off of 75.
The egg prices in the CPI data showed 59% increase.
Well, Donnie claimed egg prices were "going down" earlier today ... but I suspect that's probably b/c fewer average people are willing to pay retail prices for them?
Sure there has been demand destruction for this sample size of one family. I have not bought eggs in nearly two months. First, I could not find them in stores, which broke our habit of eating them. Then, when I saw them in the store with high prices and a limit on how many one can buy, I figured people who need them should have them and I can wait. May be I will start looking for them again as I see CALM stock price.
S&P joins the Nasdaq in correction territory today - the Nasdaq had entered correction territory last week:
Wall Street tumbles to its first ‘correction’ since 2023 amid Trump’s escalating trade war Economy Mar 13, 2025
NEW YORK (AP) — Wall Street’s sell-off hit a new low Thursday after President Donald Trump’s escalating trade war dragged the S&P 500 more than 10 percent below its record, which was set just last month.
S&P joins the Nasdaq in correction territory today - the Nasdaq had entered correction territory last week:
Wall Street tumbles to its first ‘correction’ since 2023 amid Trump’s escalating trade war Economy Mar 13, 2025
NEW YORK (AP) — Wall Street’s sell-off hit a new low Thursday after President Donald Trump’s escalating trade war dragged the S&P 500 more than 10 percent below its record, which was set just last month.
Payback time. VOO has averaged 17% yearly for past 5 years. And the QQQ has averaged over 22% annually over the same period. Does anyone seriously believe money grows on trees?
Trump is the catalyst for sure, but correction overdue. S&P fell about 50% during ‘07-‘09. So anything is possible. Current S&P level is nowhere near where I’d jump into U.S. large-caps. But am keeping an eye out for other potential sector buys. Always fun observing. Sometimes the baby goes overboard with the bathwater.
There are other markets. Utilities gained today. VPU is up 2.5% YTD (which would work out to a 12% annualized gain thru year end). And that’s on the heels of a 24% gain in 2024.
Fidelity’s SPAAX (money market fund) is currently yielding 3.98%. That’s likely to continue falling in the foreseeable future. Yes - higher quality bonds have been hot, but that trend can reverse the moment longer term interest rates move higher. Fed cutting at the short end could have the opposite effect farther out.
there is certainly nothing booming quite like the MAGA economic excuses sector. it has dethroned doomsaying clickbait , wrong for 4 years, but still going strong.
"You must sacrifice": MAGA excuses for Trump's trade war echo "prosperity" preachers Trump's closest faith "advisor" teaches that if you give her money, God will reward you with riches."
"White House faith adviser Paula White says there is a narrow "prophetic season" for God to bless you, but only if you give her $133, so act now."
Does your collection plate accept 'TrumpCOIN' ????
Give me a few hours and I'll be able to offer you a chance to buy into my own cryptocoin, too! I offer the biglyst blessings like nobody's ever seen before, believe me!
Comments
3/11 stopped at my local Kroger this afternoon. Decided to see what the big fuss about "omigod egg prices are sooo high.." Bought 1 dozen large eggs for $4.39. That wasn't a special promotion, no coupon was used. Its simply the price staring me in the face on my store receipt.
If the merchant you patronize is price-gouging eggs, maybe do some comparison shopping? Most major cities have ethnic grocery stores (Latin, Asian). Generally ethnic grocers charge a lot less for unpackaged foods than do their American counterparts. I would think that a trip to one's local grocer might be worth it to those who are stressing about their eggs. Maybe its time to tear up the Costco membership, avoid Whole Foods, and visit the local Asian grocer? Maybe avoid the $6 coffees at Starbucks too? Costco in particular, generates a lot of (well-deserved) consumer loyalty.. perhaps they are trying to exploit that where customers will just shrug their shoulders and not blink at the prices for eggs, given all the 'static' about egg prices?
This could not be replicated by large grocery chains, Costco or otherwise, who need huge quantities of eggs and are therefore limited as to sources able to provide that large supply. So it's no surprise that individual smaller stores might have access to small local producers, with significant price differences because of that. Perhaps the local Kroger store has access to some local producers also. Some chains allow individual stores to purchase locally, others do not.
DJI -2.61% YTD (after today)
S&P 500 -5.26% YTD (after today)
The high flying NASDAQ is off about 10% YTD. The Russell 2000 looks perhaps inviting, down -9.26% YTD
Despite all the political fervor / outrage (which I agree with), the markets are coming off a couple strong years. I’m eager to put more cash to work - but not yet. Sometimes you get paid to wait.
If anyone hasn’t noticed, consumers staples have turned up in recent months. Could be due to a long period of undervaluation. But could also be a sign of coming recession during which staples usually hold up better.
If the 10-year rate keeps falling, mortgage rates might become briefly attractive again. Something to keep an eye on.
Sounds like Andy's Produce near Sebastapol, among other fine stores in Sonoma. Of course Petaluma was known as the Egg Capital of the World back in the day.
Mr. X bought SPY on February 19 at the close for $612.93 per share. Today, SPY closed at $555.92. So, Mr. X lost 9.3% on his February 19 purchase. Feel free to do the math for the other indices from their Feb 19 levels.
The levels of stock market does not bother me but I know it is not irrational to feel bothered.
Evidently, one of the bond fund traders in this forum has gone to 100% cash (or MM).
The egg prices in the CPI data showed 59% increase.
Sure there has been demand destruction for this sample size of one family. I have not bought eggs in nearly two months. First, I could not find them in stores, which broke our habit of eating them. Then, when I saw them in the store with high prices and a limit on how many one can buy, I figured people who need them should have them and I can wait. May be I will start looking for them again as I see CALM stock price.
Wall Street tumbles to its first ‘correction’ since 2023 amid Trump’s escalating trade war
Economy Mar 13, 2025
NEW YORK (AP) — Wall Street’s sell-off hit a new low Thursday after President Donald Trump’s escalating trade war dragged the S&P 500 more than 10 percent below its record, which was set just last month.
Trump is the catalyst for sure, but correction overdue. S&P fell about 50% during ‘07-‘09. So anything is possible. Current S&P level is nowhere near where I’d jump into U.S. large-caps. But am keeping an eye out for other potential sector buys. Always fun observing. Sometimes the baby goes overboard with the bathwater.
There are other markets. Utilities gained today. VPU is up 2.5% YTD (which would work out to a 12% annualized gain thru year end). And that’s on the heels of a 24% gain in 2024.
Fidelity’s SPAAX (money market fund) is currently yielding 3.98%. That’s likely to continue falling in the foreseeable future. Yes - higher quality bonds have been hot, but that trend can reverse the moment longer term interest rates move higher. Fed cutting at the short end could have the opposite effect farther out.
it has dethroned doomsaying clickbait , wrong for 4 years, but still going strong.
https://www.salon.com/2025/03/14/you-must-sacrifice-maga-excuses-for-trade-echo-prosperity-preachers/
"You must sacrifice": MAGA excuses for Trump's trade war echo "prosperity" preachers
Trump's closest faith "advisor" teaches that if you give her money, God will reward you with riches."
"White House faith adviser Paula White says there is a narrow "prophetic season" for God to bless you, but only if you give her $133, so act now."
I can get God to bless you for only $120!!
Extra special FAMILY RATES: Two or more blessings for the rock-bottom price of only $100 each !!!
Offer ends soon!!! Do not miss this fantastic blessing opportunity !!!
Give me a few hours and I'll be able to offer you a chance to buy into my own cryptocoin, too! I offer the biglyst blessings like nobody's ever seen before, believe me!