Waffle House is placing a surcharge on every egg it sells

First, I'd encourage fact-checking the condoms story. Second, do we really think that the Trump admin will foster those alternative programs and ensure that some of the most vulnerable in the world are getting any assistance?
Not as long as the program gives money to NGOs that deliver that money directly back to Democrats. Seriously. There is a reason that they want the money to go through this program, and it ain't because the US can't help through different programs that are not directly funneling money into Democrat campaigns.
 
I will say that USAid will be a more interesting conversation than how it's all Trump's fault that the Democrat before him killed hundreds of millions of egg laying chickens and it is all Trump's fault. I do not think that this is the hill the Democrats will hold.
 
Not as long as the program gives money to NGOs that deliver that money directly back to Democrats. Seriously. There is a reason that they want the money to go through this program, and it ain't because the US can't help through different programs that are not directly funneling money into Democrat campaigns.

That's too cynical for me. But I understand the POV that there is corruption and inefficiency.

I think this new admin isn't really nuanced on that. They're just taking a sledgehammer to everything - which is a beautiful thing for those who think the government has been bloated and corrupt for a long time. But it won't be efficient, or mindful of the impact it will have on regular people.
 
Remember the fuel surcharges that consumers were forced to pay under Democrat misrule?

  • During Obama's terms in office, fluctuations in prices led to adjustments in fuel surcharges.
  • Biden Administration (2021-present): Similar to the Obama administration, fuel surcharges continued as a standard practice in the freight industry.

@Grok


Did Cartoon Ken start any threads about those?
 
That's too cynical for me. But I understand the POV that there is corruption and inefficiency.

I think this new admin isn't really nuanced on that. They're just taking a sledgehammer to everything - which is a beautiful thing for those who think the government has been bloated and corrupt for a long time. But it won't be efficient, or mindful of the impact it will have on regular people.
I prefer anything other than just growing more. Even if it is a sledgehammer or chainsaw, like the Argentinian President.

The status quo is untenable at best, and a very high cliff at the worst. One that both parties drive us towards, one just quicker than the other.
 
They may be expecting that the prices will continue to go up and will be slow to raise the surcharge....or it may be that they want to get people to stop ordering eggs so that they dont have to go through the hassle of finding them....right now this is a bad look.

This site says that the current egg futures price national average is $7/dz


Most eggs are bought by wholesalers months and even years ahead of time, and so do Walmart and the grocery chains. They could wait until they really are paying more, but they see a good scam and jacked prices now. Oil companies and other oligarchies and trust do the same, they just pick times when the consumers and govt. are otherwise occupied, hence the bandwagonning among several industries riding each other's coat tails. and then when the political heat gets too high they just dial the prices back. There is no real competition any more, it's just a right wing myth designed to fool the proles, is all. The technocrats took over the govt. in 1975-1976, and there is no going back.
 
It's merely another front for corporate welfare and subsidizing off-shoring of American jobs, is all.
View: https://x.com/OrangeJesus_X/status/1886987954096132217

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Most eggs are bought by wholesalers months and even years ahead of time, and so do Walmart and the grocery chains. They could wait until they really are paying more, but they see a good scam and jacked prices now. Oil companies and other oligarchies and trust do the same, they just pick times when the consumers and govt. are otherwise occupied, hence the bandwagonning among several industries riding each other's coat tails. and then when the political heat gets too high they just dial the prices back. There is no real competition any more, it's just a right wing myth designed to fool the proles, is all. The technocrats took over the govt. in 1975-1976, and there is no going back.
That explains why the Orange Jesus is President and has an oligarchy making key decisions.
 
Most eggs are bought by wholesalers months and even years ahead of time, and so do Walmart and the grocery chains. They could wait until they really are paying more, but they see a good scam and jacked prices now. Oil companies and other oligarchies and trust do the same, they just pick times when the consumers and govt. are otherwise occupied, hence the bandwagonning among several industries riding each other's coat tails. and then when the political heat gets too high they just dial the prices back. There is no real competition any more, it's just a right wing myth designed to fool the proles, is all. The technocrats took over the govt. in 1975-1976, and there is no going back.
Ya these big chains tend to if they are smart hedge prices....they could very well be paying the same they were in Dec.

BUT I am hearing that a lot of restaurants and restaurant chains are in a lot of trouble because of declining sales and increasing costs....they are getting hammered.....maybe Waffle House is and they are using the egg situation to try to save the day.

The big story is that people are giving restaurants up....this coming after more than a few decided to use the Plandemic to learn to cook.
 
Most eggs are bought by wholesalers months and even years ahead of time, and so do Walmart and the grocery chains.


Is that right?

  • While egg futures can theoretically be bought for delivery months ahead, the most common contracts are for delivery in the near term, like within a month or two. However, there are contracts that extend further, up to a year or more in some markets.
  • Purpose: Wholesalers might use futures to lock in prices for a future period to manage risk, especially if they anticipate significant price changes due to seasonal demand, feed costs, or other factors.
  • Trading: The Chicago Mercantile Exchange (CME) lists egg futures, offering contracts for various delivery months throughout the year. These contracts allow for hedging against price risks but don't involve the physical delivery of eggs in most cases; they're settled in cash based on the price of eggs at the contract's expiration.
  • Years Ahead: While it's technically possible to buy futures contracts years in advance, this is less common for eggs due to their perishability and the practicalities of the egg market. Most trading focuses on the current year or the next, with fewer participants interested in longer-term contracts due to the unpredictability of market conditions that far out.
So, while egg futures can be bought months ahead, buying them years in advance is not a standard practice for most wholesalers due to the nature of the egg market. However, for strategic hedging or specific business models, longer-term contracts might be used.


@Grok
 
That's something to notice about living in CA......it requires paying a lot extra for a lot of things....the Overlords insist.
 
Is that right?

  • While egg futures can theoretically be bought for delivery months ahead, the most common contracts are for delivery in the near term, like within a month or two. However, there are contracts that extend further, up to a year or more in some markets.
  • Purpose: Wholesalers might use futures to lock in prices for a future period to manage risk, especially if they anticipate significant price changes due to seasonal demand, feed costs, or other factors.
  • Trading: The Chicago Mercantile Exchange (CME) lists egg futures, offering contracts for various delivery months throughout the year. These contracts allow for hedging against price risks but don't involve the physical delivery of eggs in most cases; they're settled in cash based on the price of eggs at the contract's expiration.
  • Years Ahead: While it's technically possible to buy futures contracts years in advance, this is less common for eggs due to their perishability and the practicalities of the egg market. Most trading focuses on the current year or the next, with fewer participants interested in longer-term contracts due to the unpredictability of market conditions that far out.
So, while egg futures can be bought months ahead, buying them years in advance is not a standard practice for most wholesalers due to the nature of the egg market. However, for strategic hedging or specific business models, longer-term contracts might be used.


@Grok

Depends on the contracts. Some can be as long as a year and half, and have clauses with increases built in. Not all contracts are peddled on the futures exchanges. Some of the larger companies deal with suppliers individually, and only use the exchanges for spot prices and temp shortages. My grandfather sold his oil and gas production to a local refiner and pipeline as well as turkeys and beef on long term contracts to a local grocery chain.

Don't know many suppliers who sell their production only on futures markets at spot prices. They sell excess production futures that way.
 
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That's something to notice about living in CA......it requires paying a lot extra for a lot of things....the Overlords insist.

California prices were high in the 1990's; $3-$4/gallon for milk. Milk prices here didn't start hitting that range until a few years ago.
 
JSYK: I have spent 5.5 years of this life in the Monterey area.......Monterey, Pacific Grove, Ft Ord.

I lived in the Bay area for two years, 1997 1998; sticker shock on nearly everything. The odd thing was restaurant prices were about the same while grocery prices were double and then some. Rents were way more than that. I kept a cheap apt. there to live in during the week and flew back home almost every week or so, or to other contracts.
 
Waffle House probably doesn't have long term contracts and buys on the futures markets, kind of like Aldi's would.
They buy 275 million eggs a year, and with as long as they have been around they should be able to predict closely how many eggs they need.....maybe they do.
 
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