On Marketplace Money, the public radio program from American Public Media that the radio station that I work at plays on Saturday evenings, had a great story about: “Paying Egg-Stra” With food prices on the rise, Sarah Gardner asks why it costs twice as much to make an omelette. She discovers cracking the price of eggs is quite the riddle.
We are facing the same issues that the very large chicken farmer in the story describes. Feed for chickens is really, really high right now. To get eggs, you need to keep the hens healthy and happy– and well fed.
Our eggs are $3 a dozen, and $4.50 for 18 eggs. That is the price that we set last year when we started offering eggs to the neighbors. I guess in a good world, that price seems high even to me, but it will only barely cover our feed costs for the ladies producing the eggs. We intend to keep our prices at this level as long as possible — we’ll see how bad things get before they turn around.
Speaking of money, if you have a Paypal account, you know about fees! I have signed up with a rival upstart company who does the same money transfer business that Paypal takes care of, but without passing along the fees to the account holder! You can’t use a credit card to fund the account — as it is actually a bank account– and, frankly, that is great with me– credit cards are evil! If you want to sign up, click the link and join the anti-Paypal movement! It will help this company attempt to give Paypal a run for their business. And don’t worry — the $25 sign up bonus for you is real, for a limited time. This company is not a scam, and is led and funded by some major international financial institutions and the FDIC.