60% Hike In Egg Prices Dubbed ‘Collusive Scheme’ By Farm Group
View Source | January 25, 2023 12:06 pm
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- Egg prices jumped 60% in 2022, according to the consumer price index, an inflation measure.
- One farm group claims major egg suppliers have engaged in a “collusive scheme” to gouge and fix prices to boost profits, and called on the Federal Trade Commission to investigate.
- Egg producers and food economists suggest a deadly outbreak of bird flu has compounded into a significant supply problem, at a time of peak demand and higher costs for feed and transportation.
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