The price of eggs in America cannot be explained by inflation alone

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The price of eggs in America cannot be explained by inflation alone
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The Department of Agriculture blamed last year’s price spike on an avian-­flu out­break that killed 43m of America’s egg­-lay­ing birds. But industry lobbyists say that the rising costs of feed, fuel and labour further pushed up prices

The Department of Agriculture blamed last year’s price spike on an avian-flu outbreak that killed 43m of America’s egg-laying birds. Industry lobbyists say that the rising costs of feed, fuel and labour further pushed up prices.

Farm Action, an advocacy group which supports small farmers , has accused Cal-Maine and two other big egg companies of price gouging, arguing that the virus, supply-chain disruptions and inflation together do not justify the price rises. The firms, Farm Aid argued in a letter to the Federal Trade Commission, cite these trends to hide unjustified price hikes. Together the three account for close to 40% of eggs sold in America, an impressive amount of market power.

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