Warren and Porter Demand Answers From Big Egg Over 'Massive Spike' in Prices - CommonDreams
Warren and Porter Demand Answers From Big Egg Over 'Massive Spike' in Prices - CommonDreams
To explain the price surge—which has been eyebrow-raising even amid elevated inflation throughout the U.S. economy—egg-producing companies have pointed to a large avian flu outbreak that has impacted an estimated 58 million birds, including around 43 million egg-laying chickens.
But the advocacy group Farm Action has argued that the industry's explanations "don't stand up to the facts."
"Cal-Maine's net average selling price for a dozen conventional eggs increased by 150.5% from a year ago," the group observed last month. "The average size of egg-laying flocks never dropped more than six to eight percent lower than it was a year prior. Moreover, the effect of the loss of egg-laying hens on production was itself blunted by 'record-high' lay rates throughout the year."
"And there's one other critical piece missing from this industry narrative—Cal-Maine, which controls 20% of the egg market, hasn't reported a single case of avian flu at any of its facilities," Farm Action added.
Link:
https://www.commondreams.org/news/warren-porter-egg-prices
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