by Joseph Curl at The Daily Wire
The cost of a dozen eggs has now surpassed the price of a pound of beef, marking the first time that’s happened since the U.S. Bureau of Labor Statistics began keeping data in 1980.
The average price of a dozen large Grade A eggs ran at $4.82 in January 2023, while a pound of ground beef was $4.64. In January 2022, eggs were $1.93, and beef was $4.77, but egg prices have soared by 70% in the last year alone.
Farm Action, a farmer-led advocacy group, says the “real culprit” behind sky-high prices is a “collusive scheme” among top U.S. egg producers to fix prices to gouge consumers.
In a January letter to the Federal Trade Commission (FTC), Farm Action said the alleged collusion has helped egg producers to “extract egregious profits reaching as high as 40%.”
The letter said avian flu is not to blame. “Examining publicly-available…
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