The Economic Times

Record U.S. egg prices trigger federal lawsuits against top egg producers: What is causing U.S. egg prices to surge to $6.23 per dozen?

U.S. egg prices hit $6.23 per dozen, one of the highest levels on record. That spike has triggered federal lawsuits against top egg producers in the United States. Plaintiffs accuse major companies like Cal-Maine Foods and Rose Acre Farms of pushing U.S. egg prices higher during the supply crisis. Producers say the surge came from the avian flu outbreak that killed millions of hens and cut egg supply nationwide. Critics argue prices rose faster than costs. Courts will now examine whether the record U.S. egg price surge came from real shortages or possible price-fixing in the egg industry.