Thursday, May 01, 2025

Egg companies getting bailouts while price-gouging consumers

Egg prices reached another record high last month. It now costs American shoppers an average of $6.23 for a dozen eggs " nearly a five-fold increase since 2020. Yet while families have been squeezed by grocery sticker shock, agriculture corporations have been raking in record profits. Cal-Maine, the country's largest egg producer, took in $509 million this quarter alone, tripling its profits from a year ago. Gouging consumers is bad enough. But it gets worse: Cal-Maine and other ag companies were breaking the bank at the same time they were also quietly getting millions in taxpayer-funded relief payments from the federal government.

Comments

Welcome to Trump World

#1 | Posted by Sycophant at 2025-05-01 12:09 PM

"It now costs American shoppers an average of $6.23 for a dozen eggs "

Don't worry, Trump is on it.

#2 | Posted by Zed at 2025-05-01 12:12 PM

"$6.23 for a dozen eggs "

Twelve whole eggs?

Maybe this Christmas it's only two eggs.

#3 | Posted by Zed at 2025-05-01 12:16 PM

Unregulated capitalism is parasitic.

Factory farming is animal abuse, regulation abuse and insultingly fed taxpayer subsidies and still able to abuse markets.

Anything not represented as a stock is considered irrelevant competition.

#4 | Posted by redlightrobot at 2025-05-01 01:15 PM

"Unregulated capitalism is parasitic."

Parasitism is good, when you're the parasite.

#5 | Posted by snoofy at 2025-05-01 01:19 PM

"Unregulated capitalism is parasitic."
Parasitism is good, when you're the parasite.
#5 | Posted by snoofy at 2025-05-01 01:19 PM

Sure.. "No woman, no cry."

More like, "No Guinean, no worm."

#6 | Posted by redlightrobot at 2025-05-01 01:37 PM

"Egg be free in my 'hood, bitches!"

Bo-ass the fake ass

#7 | Posted by LegallyYourDead at 2025-05-01 03:50 PM

5 finger discount?

#8 | Posted by ClownShack at 2025-05-01 03:52 PM

What's considered classy if you're rich, but trashy if you're poor?

Getting money from the government.

#9 | Posted by ClownShack at 2025-05-01 03:54 PM

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