Thursday, May 01, 2025

Egg Co's Gouging Customers While Taking Millions in Bailouts

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. Avian flu only caused a 4% drop in production, yet the industry has been price gouging while taking over $1 billion in subsidies paid them due to avian flu.

Comments

While big agricultural companies are ripping off consumers with one hand, they are taking taxpayer-funded bailouts with the other. The U.S. Department of Agriculture gave Cal-Maine $22 million in avian flu relief last year, and gave millions more to other major egg producers. Under an indemnity program, the department provides monetary relief to compensate farms that destroy animals in response to disease outbreaks like avian flu. USDA has made around $1 billion in such payments to agricultural producers since 2022.

thehill.com

#1 | Posted by AMERICANUNITY at 2025-05-01 01:23 PM

"Under an indemnity program, the department provides monetary relief to compensate farms that destroy animals in response to disease outbreaks like avian flu. USDA has made around $1 billion in such payments to agricultural producers since 2022."

Sounds "woke" to me. Why can't these farmers pull themselves up by their bootstraps? Aren't payments and price supports Soshalizm???

#2 | Posted by Danforth at 2025-05-01 01:28 PM

#2 | Posted by Danforth

As the article points out, avian flu resulted in only a 4% drop in the number of egg laying hens.

They're price gouging.

#3 | Posted by AMERICANUNITY at 2025-05-01 01:42 PM

"avian flu resulted in only a 4% drop in the number of egg laying hens."

Never let a crisis go to waste.

#4 | Posted by Danforth at 2025-05-01 01:52 PM

I think this was already posted.

#5 | Posted by Sycophant at 2025-05-01 02:31 PM

Same as it ever was.

#6 | Posted by TFDNihilist at 2025-05-01 03:14 PM

#5 | Posted by Sycophant

I saw a $6.25 egg thread the other day.

The thrust of this article is how with only a 4% loss of laying hens they've taken millions in taxpayer funds while claiming there was a shortage as justification for their gouging.

We can't expect anyone in the Trump administration will do anything about it.

#7 | Posted by AMERICANUNITY at 2025-05-01 06:30 PM

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