Higher egg prices due to avian flu or corporate greed? Farmers ask for investigation
A group representing farmers isn’t so sure that higher egg prices are because of avian flu, pointing instead to corporate greed for the skyrocketing costs at grocery stores.
Farm Action, a farmer-led organization fighting corporate monopolies in agriculture, said it believes the impact of the bird flu on production has been “minimal” and blames the five largest egg producers for inflating prices for bigger profits.
“While avian flu has been cited as the primary driver of skyrocketing egg prices, its actual impact on production has been minimal. Instead, dominant egg producers have leveraged the crisis to raise prices, amass record profits and consolidate market power.
“The slow recovery in flock size, despite historically high prices, further suggests coordinated efforts to restrict supply and sustain inflated prices,” said Angela Huffman, president of Farm Action, in a letter sent to the Federal Trade Commission and U.S. Department of Justice on Wednesday.
https://augustafreepress.com/news/higher-egg-prices-due-to-avian-flu-or-corporate-greed-farmers-ask-for-investigation/
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