Australian (ASX) Stock Market Forum

Eggs - a Livestock and Meat commodity

UPDATE
Partner could not buy eggs anywhere here yesterday. None at Coles, Woolies, IGA. She even tried some of the out-of-the-way corner stores. Zip, zero, nil, nada.

Word on the grape vine is that the restaurants and takeaway food outlets (one in particular) appear to be buying up all available supply.
We're also hearing there's been a run on powdered eggs!

According to a local stock feeder, layers/pullets also not available and if any do come in, they are already pre-sold!
Partner's nephew has been looking for pullets, here's one source on the list. Means a trip away though.
Local FB buy/swap/sell poultry group gets some attention too.

This ABC report from a day ago doesn't help to allay egg supply concerns either.
Reads in part:

Egg prices likely to remain high as shortage tipped to last until 2028​

Shoppers are being warned that egg shortages could continue for at least another three years.

The ABC is aware of a report commissioned by Australian Eggs flagging an expected shortfall of up to 500 million eggs by 2025 — before the bird flu outbreak further disrupted supply.

On top of already existing demand pressures, 10 per cent of the laying flock has been destroyed in line with biosecurity requirements, due to bird flu outbreaks across eastern Australia last year and a current disease cluster in north-east Victoria.

(my bolds) Eggs have now been in short supply for months as demand has skyrocketed, and Woolworths, Coles and IGA have placed purchasing limits of two cartons in a number of states.

Boyd Carmody from Creswick Open Range Eggs, who runs about 160 birds per hectare, said not all of the proceeds from supermarket price rises were being filtered back to farmers, and consumers should brace for more disease outbreaks disrupting supply.

"I reckon the egg market will be tight up until at least spring 2028," he said.
"We haven't even gotten over the 2024 outbreak. Those farms aren't back in production.

"Some of them are still pushed up into a big pile and will need to be rebuilt — it's a problem that's going to be with us for a while."

The ABC has spoken to multiple industry sources who said that due to the nature of the market and the constant threat of disease outbreaks, low supply until 2028 was a strong possibility.

So demand has skyrocketed, no doubt due to inflationary pressures especially on other food stuffs thus, those little bum nuts are starting to become worth their weight in gold.
Makes me think, will we start to see a rise in poultry and egg theft?
 
UPDATE
Partner could not buy eggs anywhere here yesterday. None at Coles, Woolies, IGA. She even tried some of the out-of-the-way corner stores. Zip, zero, nil, nada.

Word on the grape vine is that the restaurants and takeaway food outlets (one in particular) appear to be buying up all available supply.
We're also hearing there's been a run on powdered eggs!

According to a local stock feeder, layers/pullets also not available and if any do come in, they are already pre-sold!
Partner's nephew has been looking for pullets, here's one source on the list. Means a trip away though.
Local FB buy/swap/sell poultry group gets some attention too.

This ABC report from a day ago doesn't help to allay egg supply concerns either.
Reads in part:


So demand has skyrocketed, no doubt due to inflationary pressures especially on other food stuffs thus, those little bum nuts are starting to become worth their weight in gold.
Makes me think, will we start to see a rise in poultry and egg theft?

I've been eating a ridiculous number of eggs recently. Today I decided to take a day away from them, but this post has me considering making one of my delicious six egg omelettes, or perhaps just some good old basic soft boiled eggs.

Australia used to be the best country in the world and one of the wealthiest. Now it has engineered a situation where it doesn't expect the common man can expect a reliable supply of eggs until 2028, or ever buy a home. But at least the crime rate is rapidly increasing and you're in legal trouble if you discuss the cause of it.
 
But at least the crime rate is rapidly increasing and you're in legal trouble if you discuss the cause of it.
what crime rate ?

one rural property has been burgled 16 times in two years and the state police minister knew nothing about it ( despite numerous arrests ) , maybe it is ( low-level ) police getting into legal trouble for discussing it

then we go on about the the local shopping strips where i used to reside there are so many bollards ( to stop ram raiders ) they may as well put a rail across and call it a safety fence ( raising the pavement didn't work now they steal SUVs/4WDs to ram-raid )

and just in time for the coming Olympic Games as well
 
I'm currently in Laos, one of the world's poorest countries outside of Africa.

Even the people here can freely afford eggs, quail, duck and chicken. They're sold in markets, you see people selling trays of them by the side of the road and out front of non food related shops, and the popular local snack food of omelettes cooked inside their shells are sold abundantly everywhere, all at prices even the very poor here can afford. How fortunate they are not to be in Australia!
 

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I'm currently in Laos, one of the world's poorest countries outside of Africa.

Even the people here can freely afford eggs, quail, duck and chicken. They're sold in markets, you see people selling trays of them by the side of the road and out front of non food related shops, and the popular local snack food of omelettes cooked inside their shells are sold abundantly everywhere, all at prices even the very poor here can afford. How fortunate they are not to be in Australia!
poor is relevant ,

some can never have enough , while others are have enough any time there is a roof over their head and a half-full stomach
 
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