Is Bill Gates Causing An Egg Shortage In Order To Sell You Fake Eggs?

No. He isn’t. Bill Gates, the founder of Microsoft, isn’t causing an egg shortage by selling fake eggs.

But that’s one of the online conspiracy theories about the soaring price of eggs and, more, the sudden drop in production.

“Bill Gates Invested In Artificial Eggs a Decade Before Egg Shortage,” One website reported last month. Ah, the long game of waiting 10 years. He’s smart, that Gates.

Politifact The claim was investigated and it was found that Gates has made investments in several fake food companies in the past 10 years, including Beyond Meats, Impossible Foods, and others. Gates has been investing in faux food companies ever since 2020. “held the title of the nation’s largest private farmland owner,” Owning more than 250,000 acres of farmland in over a dozen states

“There is no evidence these investments are linked to a nationwide shortage in chicken and egg products,” Politifact wrote.

Remember, Politifact leans left as noted by All SidesThe bias of outlets is rated by. Also, keep in mind that President Barack Obama’s 2009 statement, “If you like your health care plan, you can keep it,” Politifact, “his description of his plan is accurate, and we rate his statement True.”

In 2013, the fact-checking group finally admitted what we all knew, deeming Obama’s statement it’s “Lie Of The Year,” Forbes reported. You are invited to take a few shakes of salt with you.

There are other claims about lower egg production, including posts on social media from backyard chicken owners who say their hens are laying fewer eggs — or none at all.

Belinda Woodruff, Makin Magic Ranch in Weatherford Texas, contacted me after I had written a piece about eggs.

“I raise chickens and for quite a few months they haven’t been laying. They usually slow down in winter, but I have a couple of breeds that lay pretty much all year and even they stopped,” She said. “I watched a video recently of someone else whose chickens stopped laying. Then I find out there’s hundreds of videos from all over on TikTok whose chickens have also stopped laying.”

“Also there’s a shortage of eggs in the stores. Why doesn’t some lab test the chicken feed to see what’s going on? I believe it’s all on purpose. The only chickens I have laying right now are the few that I let run around loose in three fenced yard around my house. I have a 10 acre ranch,” Woodruff wrote.

Politifact also looked into the matter.

“There is no evidence that commercial feed is being sabotaged to negatively impact the number of eggs that backyard hens are laying, multiple experts said.”

Also, check out this fact-checking web site said, “Tractor Supply and other major feed suppliers targeted by these claims confirmed that they haven’t changed their formulas. … We rate this False.”

Still, Woodruff’s story is intriguing. She’s seen firsthand that chickens are producing fewer eggs. What can we explain this phenomenon? “Experts we spoke with cited a variety of factors that may hinder backyard hens from laying eggs, including improper nutrition, infection and stress,” Politifact wrote.

Although 2023 may seem like a stressful time, are all the chickens truly stressed? Doesn’t seem all that plausible.

Here’s a fact that doesn’t need to be checked. According to U.S. Bureau of Labor Statistics data in December, large grade A eggs cost $4.25 per dozen compared to $1.79 a year earlier. A dozen eggs would cost $1.33 in August 2020, by the way.

Megan McArdle is a Washington Post columnist, and the author of “The Up Side of Down: Why Failing Well Is the Key to Success,” Her magic math skills were evident. She did not blame President Joe Biden, unlike the other presidents. “Putin’s price hike” but explained that chickens have gotten sick, and that’s leading to the higher price.

“The truth is that U.S. egg production is still recovering from a bout of avian flu that has devastated flocks in the United States and Europe,” She Write. “And while activists and senators are puzzled by how a 29 percent decline in egg production can lead to a much larger increase in the price of eggs, agricultural economist Jayson Lusk says that’s exactly what you would expect with a product for which demand is relatively insensitive to price changes.”

Farm Action, an advocacy group for farmers, has a different theory about the price rise. According to the group, “real culprit” Sky-high prices are due to a reason. “collusive scheme” Top U.S. egg producer to fix prices to gouge customers

In a Let me know Farm Action reported to the Federal Trade Commission last month that the alleged collusion helped egg producers. “extract egregious profits reaching as high as 40%.”

And it said that the letter was not to blame for the avian influenza.

“Examining publicly-available financial data from the egg industry, the letter determines that the supply disruption caused by the avian flu outbreak had an ‘apparently mild impact on the industry,’” The group stated in a