A Dozen Eggs Now Cost More Than A Pound Of Beef. Here’s Why.
View Source | February 16, 2023 1:31 pm
- Farm Action, a farmer-led advocacy group, says the “real culprit” behind sky-high prices is a “collusive scheme” among top U.S. egg producers to fix prices to gouge consumers.
- In a January letter to the Federal Trade Commission (FTC), Farm Action said the alleged collusion has helped egg producers to “extract egregious profits reaching as high as 40%.”
- The letter said avian flu is not to blame.
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