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Yo_Mama_Been_Loggin

(121,998 posts)
Tue Apr 22, 2025, 04:35 PM Tuesday

Trump clucks about egg prices 'getting too low' as eggflation surges

During a press conference Friday, President Donald Trump complained that the media is ignoring how great egg prices are, boasting that they dropped so much they’re “getting too low.”

“And the egg prices are down 87%, but nobody talks about that. You can have all the eggs you want. We have too many eggs. In fact, if anything, the prices are getting too low,” Trump said, looking back at the plastered smile of Dr. Mehmet Oz.



The press conference followed Oz's swearing-in as the new head of the Centers for Medicare and Medicaid Services. Trump’s claim about plummeting egg prices is a repeat of a similar performance he gave last month, when he declared victory over skyrocketing egg costs.

Regardless of Trump’s fantasy, prices have continued to surge, hitting record highs in March—up 60.4% compared to a year ago. In fact, the only places where eggflation has slowed down are in Europe.

https://www.dailykos.com/stories/2025/4/21/2317296/-Trump-clucks-about-egg-prices-getting-too-low-as-eggflation-surges
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Trump clucks about egg prices 'getting too low' as eggflation surges (Original Post) Yo_Mama_Been_Loggin Tuesday OP
Does he even know that the egg prices are literally posted right next to the eggs in the store? Blues Heron Tuesday #1
Egg prices are actually WAY down Bonx Tuesday #2
Actually, egg prices at retail are up, as are food prices generally progree Tuesday #3

Blues Heron

(6,814 posts)
1. Does he even know that the egg prices are literally posted right next to the eggs in the store?
Tue Apr 22, 2025, 04:38 PM
Tuesday

That it’s easy to check his lie? He just doesn’t care.

Bonx

(2,321 posts)
2. Egg prices are actually WAY down
Tue Apr 22, 2025, 04:48 PM
Tuesday

I don't buy them often so I had to check:

Eggs US decreased 2.65 USD/DOZEN or 45.59% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Eggs US reached an all time high of 8.17 in March of 2025. source: USDA

https://tradingeconomics.com/commodity/eggs-us

progree

(11,835 posts)
3. Actually, egg prices at retail are up, as are food prices generally
Tue Apr 22, 2025, 05:20 PM
Tuesday

From The Hill, 4/18/25

https://www.msn.com/en-us/news/politics/trump-on-egg-costs-if-anything-the-prices-are-getting-too-low/ar-AA1DcG71

President Trump weighed in on the cost of eggs around the country, claiming Friday at the White House that the prices are “getting too low.”

Trump praised Agriculture Secretary Brooke Rollins for doing a “great” job and then asserted that egg prices are “down 87 percent, but nobody talks about that.”

"I’ll never forget the first … day, first week in office, they were screaming at me about eggs. I said, ‘What’s going with eggs?’ They were doubling and tripling. I said, ‘I just got here.’ They were up like double, triple, and you couldn’t get any,” Trump said Friday.
“They said you won’t have eggs for Easter,” the president added. “Well, you can have all the eggs you want.”

. . . Prices of eggs went up to $6.23 per dozen in March, the U.S. Bureau of Labor Statistics reported. It was $5.90 in February, nearly a dollar more compared to January’s $4.95 per dozen. ((putting it in chronolgical order: $4.95 -> $5.90 -> $6.23 --Progree))
Emphasis added

Last 2 times I bought eggs -- per dozen:
1/30 $7.00
4/04 $8.30
I do glance at egg prices even when I don't buy, and no, there was no dip in March

Anyway, this is the bizarro make-believe world that tRump lives in.

Here's his Monday morning (4/21) tweet in full:

"With Energy Costs way down, food prices (including Biden's egg disaster!) substantially lower, and most other "things" trending down, there is virtually No Inflation. With these costs trending so nicely downward, just what I predicted they would do, there can almost be no inflation, but there can be a SLOWING of the economy unless Mr. Too Late, a major loser, lowers interest rates, NOW. Europe has already "lowered" seven times. Powell has always been "To Late", [sic] except when it came to the Election period when he lowered in order to help Sleepy Joe Biden, later Kamala, get elected. How did that work out" -- April 21, 9:41 AM.
(bolding added)
https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-nasdaq-sink-with-trumps-tariffs-powell-bashing-in-focus-133040210.html

======================================================
Here's food prices for the last 7 months: monthly increases (the last one is March over February):
0.3% 0.2% 0.3% 0.3% 0.4% 0.2% 0.4%
https://www.bls.gov/news.release/cpi.nr0.htm

Food: https://data.bls.gov/timeseries/CUSR0000SAF1
The last 2 months average annualized, calculated using the actual index numbers is 3.66%

Food at home: https://data.bls.gov/timeseries/CUSR0000SAF11
Food away from home: https://data.bls.gov/timeseries/CUSR0000SEFV

======================================================
https://apnews.com/article/egg-prices-bird-flu-cpi-b0ded420e9f7c0a707277c9c63396a76
US egg prices increase to record high, dashing hopes of cheap eggs by Easter, AP, 4/10/25

U.S. egg prices increased again last month to reach a new record-high of $6.23 per dozen despite President Donald Trump’s predictions, a drop in wholesale prices and no egg farms having bird flu outbreaks.

. . . Industry experts were expecting the index to reflect a drop in retail egg prices because wholesale egg prices fell significantly in March. University of Arkansas agricultural economist Jada Thompson said the wholesale prices did not start dropping until mid-March, so there may not have been enough time for the average price for the month to decline. And grocery stores may not have immediately passed on the lower prices.

There's a graph of egg prices in the above article: It's an almost straight line ascent from $2.04 in August 2023 up to the $6.23 in March 2025, the last data point.
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