Summary
The Justice Department is investigating major egg producers over soaring prices, examining whether companies are sharing supply and pricing information.
The Antitrust Division’s investigation comes as egg prices doubled since January 2024, with wholesale prices reaching over $8 per dozen before recently dropping to $6.85.
Leading producer Cal-Maine Foods, which previously lost a price-fixing lawsuit, has seen rising profits.
Democratic lawmakers including Senator Elizabeth Warren have called on the Trump administration to address high food prices, alleging companies exploit crises like avian flu outbreaks.
They point to Biden euthanizing chickens as proof of Biden’s ill intentions. They forget that it was to prevent spread of bird flu which has mortality rate of 50%.