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.
The vaccination effort would increase man hour costs and the cost of the vaccines. Can’t do anything that might affect profits.
Yeah because all farm hands are American citizens that make reasonable wages right?
They voted to make sure that they all are.
Hmmm… https://youtu.be/PIe0MWVxTVM