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Trump Unleashes Feds on Nation’s Top Egg Producer Amid Explosive Price-Gouging Allegations

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Aaron Schwartz / CNP / MEGA

After vowing to lower the cost of eggs during his historic campaign, President Donald Trump is furious over their still skyrocketing prices and has scrambled top lawmen to crack a possible price-gouging case involving our nation’s largest egg producer.

News of the federal investigation into Cal-Maine Foods, the Ridgeland, Mississippi based company that produces about 20 percent of the eggs eaten in the U.S., comes as prices reach a record level for the third consecutive month, breaking the $6 threshold for a dozen — more than three times their cost in 2022.

Meanwhile, Cal-Maine pulled in a profit of nearly $510 million during its latest fiscal quarter.

That’s triple what it made over the same period a year ago — and eight times more than it earned before a bird flu outbreak began in early 2022.

The outbreak has been blamed for the loss of some 40 million egg-laying hens in the U.S. But critics note that domestic egg prices have continued to rise despite the waning of the outbreak in most regions, and retail inventories stabilizing.

In fact, according to a report from the nonprofit consumer watchdog Food & Water Watch (FWW), national retail inventories of eggs exceeded the five-year average by almost 13 percent from April to December 2023, yet prices continued to soar.

And Cal-Maine, which sources say escaped the bird flu outbreaks virtually unscathed, actually sold more eggs than they did before — and at higher retail prices.

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“Corporate greed is contributing to sky-high egg prices,” charges Amanda Starbuck, FWW’s research director. “While Americans struggle to put food on the table, Big Ag is raking in billions, using the crisis as cover to reap record high profits.”

Incredibly, Cal-Maine pocketed millions in federal subsidies related to the avian flu epidemic even as they hiked prices and notched record profits.

“For companies to be bailed out and then turn around and set exploitative prices, it just adds insult to injury for consumers,” says Thomas Gremillion, director of food policy at the Consumer Federation of America.

“Absolutely, it’s unfair.”

Cal-Maine Foods did not reply to calls from GLOBE but has stated it is cooperating with the federal probe.

Meanwhile, President Trump is leading the charge to make eggs affordable again.

“He made a vow to lower egg prices,” says a Beltway insider. “And now he’s doing everything possible to keep his word.”

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