Fox Business’ Jeff Flock visits a Pennsylvania farm that rents chickens to customers looking to compensate for the high cost of eggs on “The Claman Countdown”.
THE American Department of Justice Survey of the recent increase in egg prices, according to a report.
The antitrust executors of the department examine the cause of the price increase, especially if the egg producers conspired to inflate them artificially by holding the offer, the Wall Street Journal ReportedQuoting sources.
Egg prices almost doubled last year and the US Department of Agriculture (USDA) predicts that they could again increase by 41% during this year.
The ministry said last month that it was ready to invest up to $ 1 billion to meet egg prices.
Americans go to raise their own chickens in the middle of the nationwide egg shortage
The signaling notes a limit due to limited quantities of eggs in a grocery store in Manhattan Beach, California, January 2, 2025. (Patrick T. Fallon / AFP / Getty Images)
The increase in prices was partially supplied by the bird flu, which led to the slaughter of more than 166 million birds to stem the propagation, most of which are weighted chickens.
The bird flu epidemic, which began in 2022, is the deadliest in American history.
US secretary to agriculture Brooke Rollins’ “five -part strategy” aims to limit the growing number of flambés of bird flu.
As part of its plan, the government agency provides for invest an additional $ 500 million In biosecurity measures, $ 400 million in financial alleviation for affected farmers and $ 100 million for vaccine research. The ministry also seeks to find ways to reduce regulatory charges and explore temporary import options.
Eggs for sale at 74.9 cents per egg from a supermarket on February 10, 2025 in Monterey Pok, California. (Getty Images)
President Trump, in his speech as a prime time at the congress, said Tuesday evening that his administration fight the “inflation nightmare”, which includes high costs of eggs.
Trump said that the price of eggs had become “out of control” and that his administration “works hard to bring him back”. The price of a dozen eggs is now on average $ 5.00 or even more in certain regions.
The shortage of eggs on a national scale means that buyers turn to Facebook Marketplace
WE Consumer confidence Immersed strongly last month after inflation was bit in January, up 3% on an annual basis. However, egg prices, in particular, have been a major point of pain for consumers, because industry is struggling with the flu epidemics in progress.
Consumer confidence in the United States has dived sharply last month after inflation reached the increase in January, up 3% on an annual basis. However, egg prices, in particular, have been a major point of pain for consumers, because the industry is struggling with an end to the flu (Cell Gunes / Anadolu via Getty Images / Getty Images)
“Farmers know that people are frustrated and they are also frustrated by the situation,” said Emily Metz, general manager of the American Egg Board, in the newspaper. “They know that they are not able to put the volume of eggs that people want.”
Antitrust lawyer, Lisa Phelan, told the newspaper that antitrust surveys on an unusual increase in costs due to supply chain problems are common.
“There may be anti-competitive efforts to deal with the crisis and it is not ok either,” she said.
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Fox Business contacted the Ministry of Justice to comment.
