Reported about 1 year ago
Recent reports show that egg prices have dropped to a new low, with wholesale and farm gate prices set to decrease further. Despite this, the prices of common food items like boiled or marinated eggs remains unchanged in eateries. Snack vendors are unable to adjust their prices due to continuous increases in costs such as gas and electricity. As a result, some egg farmers have resorted to feeding eggs to pigs due to the oversupply. Stakeholders in the industry advise against this and emphasize the need for adjustments to address the ongoing challenges in egg pricing and consumption.
Source: YAHOO