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Cal-Maine Foods Investigated for Price Gouging Amid Egg Crisis

4/8/2025

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Summary

Story summary

Cal-Maine Foods, the largest U.S. egg supplier, is under investigation for potential antitrust violations related to rising egg prices.
The company reported quarterly earnings of $509 million, significantly boosted by increased egg prices amid avian influenza.
The slaughter of over 120 million hens has severely impacted egg production, causing prices to peak at $8 per dozen in February.
Cal-Maine has received substantial USDA relief payments, benefiting from higher egg prices despite a decrease in hen numbers.

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Story summary

Cal-Maine Foods, the largest U.S. egg supplier, is under investigation for potential antitrust violations related to rising egg prices.
The company reported quarterly earnings of $509 million, significantly boosted by increased egg prices amid avian influenza.
The slaughter of over 120 million hens has severely impacted egg production, causing prices to peak at $8 per dozen in February.
Cal-Maine has received substantial USDA relief payments, benefiting from higher egg prices despite a decrease in hen numbers.