The egg shortage has enabled record quarterly profits and sales at Cal-Maine Foods (CALM), the largest producer and distributor of eggs in the United States. The company produces brands such as Farmhouse Eggs, Sunups, Sunny Meadow, Egg-Land’s Best and Land O’ Lakes eggs.
The problem, once again, is monopolies. Not enough competition means one company can jack up prices.
It’s not clear if Harris will continue Biden’s policies, but one of the best things Biden’s admin has done is to actually go after monopolies for the first time in decades. Under a Trump / Vance presidency, I don’t think that’s very likely.
https://www.cnn.com/2023/01/13/business/egg-prices-cal-maine-foods/index.html
The problem, once again, is monopolies. Not enough competition means one company can jack up prices.
It’s not clear if Harris will continue Biden’s policies, but one of the best things Biden’s admin has done is to actually go after monopolies for the first time in decades. Under a Trump / Vance presidency, I don’t think that’s very likely.