Summary
Egg producers blame the bird flu outbreak for record-high prices, but critics argue dominant companies are exploiting supply shortages to boost profits.
With over 166 million birds culled and egg layers significantly reduced, prices surged from under $2 to nearly $5 per dozen.
But while egg supply is only down 4% from last year, profits have soared. Cal-Maine Foods, which supplies 20% of U.S. eggs, reported $219 million profit in its most recent quarter compared to just $1.2 million before the outbreak began.
Lawmakers and advocacy groups are calling for a government investigation into potential monopolistic practices.
100% they are.
I don’t know truth as I one saw YouTube Videos of grocery stores
Egg prices for a dozen… in Canada are around $4.75 (Canadian) In Mexico $53-$70 pesos… or around $2.50-$3.50 US
Edit: after quick search looks like Mexico avoided bird flu because they vaccinate their chickens… didn’t realize we are that strong against vaccination we won’t even vax the chix