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.

  • ALilOff@lemmy.world
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    5 hours ago

    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