K-Mart advertises eggs for .99 per dozen (Limit 2)

[Blue Ridge Hillbilly]

Makes you wonder how anyone can sell eggs for .99 per dozen and come close to breaking even. I don't know what kind of eggs they are but there is no way that I would sell eggs for that kind of money. That was in their newspaper insert this past Sunday, Jan 15th.

 

[silkiechicken]

Many times, grocery stores use staple items such as eggs as a "loss leader". Gets you there and hope you buy other stuff too.

 

[Blue Ridge Hillbilly]

I guess so. They may even be losing money on them just to get people to come into the store as you suggest.

 

[Illia]

Just imagine how gross, flavorless, pale, and watery they are.

 

[7L Farm]

Just imagine how gross, flavorless, pale, and watery they are.

Bet they don't look like yours.

 

[EweSheep]

Yeah I had to go and buy Cub's doz eggs for 99 cents. Bought three of them and going to boil a doz of those flavorless eggs. It might taste even better if it is pickled LOL!

Hurry up my dear girls! I am HUNGRY for fresh eggs!

 

[OldGuy43]

However, a look at egg prices on the commodities market reveals another possible explanation:


Note that these are WHOLESALE prices. Here's yesterdays market quote for eggs: (The first number is yesterdays price, the second is the price a year ago today)

Eggs, large white, Chicago dozen-U ... ... Closed 1.0750 0.9350

Source: http://online.wsj.com/mdc/public/page/2_3023-cashprices.html

OldGuy43's historical question of the day: What became more generally available that caused egg prices to start falling after about 1950?

 

[Fred's Hens]

Mechanization of the laying industry. 100,000 layers in a house. Big trucks backing in grain at one end and other big trucks hauling out eggs at the other end.

 

[mlm Mike]

I checked our local auction prices. Last week brown eggs went for .50 - 1.10 per dozen. I had to go back 3 weeks to find any white eggs and they went for .20 - .30 per dozen. So around here egg prices are down.

 

[Chemguy]

OldGuy43's historical question of the day: What became more generally available that caused egg prices to start falling after about 1950?

I'll bite. Home refrigeration? (by this I mean a refrigerator in every home, not the invention of home refrigeration)