https://www.agriculture.com/news/business/record-breaking-egg-profits-prompt-accusation-of-price-gouging
From the first quarter of 2022 to the last, the company’s margins grew more than threefold, according to Farm Action.
“To increase your gross margins by 345% from the year before while consumers are looking at at least doubled egg prices — I mean, that’s just theft,” Carden said.
Cal-Maine also sold more eggs during the last 26-week period of 2022 than in the same period of 2021: 559.4 million eggs by the dozen sold compared to 524.2 million eggs by the dozen.
“We see big agriculture controlling this narrative about avian flu and supply chain issues,” Carden said. “But when you block out all that noise and just look at the numbers… there’s not a substantial decrease in [egg] supply.”