A question that is currently being asked in Thailand. The Thais are speculating on further price increases.

Consumers in the northern part of the kingdom are already in a frenzy: the common chicken egg has experienced a price increase of 0.2 Baht within a week. Who wants to eat those things anymore? Speculation is taking place, and panic buying has begun.

The Thai cooperative network of egg producers informed its members that the price of graded eggs in their facilities has been raised from 3.6 Baht to 3.8 Baht per egg. Chickens are not allowed to join the cooperative, so it's not about the chicken, but solely about the egg. Eggs are already as expensive as they have ever been this year. The reason for the price increase is primarily the rising feed prices, as well as the planned retirement of old hens, which has led to a decrease in egg production and thus a scarcity of the new speculative commodity. Additionally, the limited shelf life of eggs will further increase the value of the existing marketable eggs.

The retirement of old hens into specially designed age-appropriate housing outside of production has resulted in the disappearance of the largest eggs, belonging to grade zero and grade 1, from the markets. These are now considered particularly valuable.

This caught the attention of the Thai news portal "The Nation," which set out to visit the markets in the northeastern part of the country last week. Upon arrival, the reporters found that egg prices had risen to 100 to 110 Baht per tray, with no supplies of grade zero or grade 1 eggs anywhere.

Just as altcoins often follow the rise of Bitcoin, a similar trend seems to be happening in the Thai province, as the prices of duck eggs have also increased. Due to this year's summer heat, duck eggs have become particularly small and very similar to the highly sought-after classes of chicken eggs. Could this be a reason for the price increase in duck eggs? Many farmers have abandoned poultry production due to the increased feed prices, and the old hens are retiring while finding new "personnel" is challenging. This may also be due to the fact that chickens are not allowed to organize cooperatively. At least they are not represented in the network of egg producers.

Based on the available data, residents of the northern provinces anticipate further price increases and have started buying eggs in large quantities, which poses a problem for businesses in the processing industry. First producers of Thai desserts, salted eggs, and preserved eggs are paying top prices for the increasingly scarce commodity.

Whether Thai chickens are entitled to money from the pension fund could not be determined. Farmers may try to lure chickens back into production with high bonus payments from the golf course, and perhaps they would also be allowed to organize as a union. Eggs would be weighed in gold, but as for Bitcoin, it remains what it is: a record showing that someone was willing to pay a certain, possibly very high, amount of money for hot air, all stored in a highly secure database.