Here in Mexico the cost of eggs has about doubled in the last few months. This all started after an avian flu breakout in Jalisco. Half the eggs produced in Mexico come from Jalisco. According to Reuters Mexico is the world’s number one consumer of eggs per capita. You can imagine the upset. Here in our Hood it is all the talk.
In an effort to stop price gouging “We will even drop tariffs so that there can be unrestricted imports of firstly, eggs for industrial use, and secondly, table eggs if there is not a change in the behavior of producers and retailers,” Economy Minister Bruno Ferrari has threatened.
We heard these kinds of threatened actions a couple years ago when the price of tortillas was going up dramatically due to corn being diverted for the production of ethanol. Tortilla prices increased substantially and did not roll back as most likely will be the case with the eggs.
The government rhetoric, we suppose, is to keep the masses from storming the palace – it worked with the tortillas.
We are starting to hear rumblings of bad economy here about. The other day the motorcycle repair guy mentioned it. Mexico has been slow on the uptake of grousing about a slow economy. There is little room for belt tightening here in the trenches of Mexico. The citizenry has been scrambling to survive rampant inflation, adding eggs to the mix could be a breaking point. Stay Tuned!