Corporate Monopolies

Egg Prices Soar Under Trump: A Political Price Hike?

Despite falling wholesale prices and no current bird flu outbreaks, retail egg prices reached a record high for the third consecutive month, reaching $6.23 per dozen. This surge, contradicting claims of price decreases, is attributed to the influence of large egg producers like Cal-Maine Foods, who reported record profits while receiving federal aid for avian flu losses. The Justice Department is investigating alleged price-fixing by major producers, highlighting concerns about corporate concentration and the exploitation of consumers. This situation underscores the need for addressing corporate monopolies and reforming the food system to lower prices.

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