DOJ opens investigation into egg companies for price-fixing [View all]
Source: Politico
03/07/2025 04:01 PM EST
The Justice Department is investigating whether the nation’s largest egg producers are conspiring to keep prices high as the bird flu outbreak worsens and grocery stores start setting rations for customers, two people familiar with the matter told POLITICO.
The price-fixing investigation is in very early stages and targets large egg producers such as Cal-Maine Foods and Rose Acre Farms, the people said. The Capitol Forum first reported the DOJ investigation.
The Justice Department declined to comment. Cal-Maine and Rose Acre did not immediately respond to requests for comment.
More than 160 million commercial poultry have died or been culled as a result of this current outbreak of avian influenza, which dates back to 2022. Egg-laying hens have been hit particularly hard, and egg prices have soared as a result: In January, the average price of a dozen large, grade-A eggs was $4.95, a record high according to the U.S. Bureau of Labor Statistics.
Read more: https://www.politico.com/news/2025/03/07/doj-investigation-egg-price-fixing-bird-flu-00218785
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