- Egg prices in the US rose by 13.5% in January 2023 despite Joe Biden announcing that food inflation was cooling.
- Industry lobbyists blame the rising costs of feed, fuel, and labor for pushing up prices.
- Cal-Maine Foods, the biggest egg producer in the US, sold more eggs in 2022 than in 2021 and generated $800m in sales in the final quarter of 2022.
- Farm Action, an advocacy group that supports small farmers, accuses Cal-Maine and two other big egg companies of price gouging.
- The Federal Trade Commission may crack down on price rises if the price of eggs doesn't continue to fall in the coming months.
The price of eggs in America cannot be explained by inflation alone
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