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.

  • Drusas@fedia.io
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    4 hours ago

    The possibility of losing their entire flock of chickens is a pretty reasonable concern right now.