Egg producers blame the ongoing bird flu outbreak for driving prices up to record highs. But some believe giant companies are taking advantage of their market dominance to profit handsomely at the expense of egg buyers.

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.

Egg supply is down only 4% from last year, yet profits have surged. Cal-Maine Foods, supplying 20% of U.S. eggs, reported a $219 million profit in the last quarter, compared to just $1.2 million before the outbreak, a 18,150% increase.

Lawmakers and advocacy groups are calling for a government investigation into potential monopolistic practices.

  • @YarHarSuperstarEnglish
    1•6 hours ago

    I don’t know if you realize this but when you say “you’re being picky” about food in contexts such as this it can be considered ableist, and also dismissive and inconsiderate in my opinion. I prefer oatmeal to eggs but if someone told me I was “being picky” because of a choice I made because of price, sensory experience, and energy cost, I would be offended. I wouldn’t say this every time the word is used but the context and your username make me think it is appropriate and you might be receptive to the feedback.