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Thursday, May 01, 2025
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. |
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