The U.S. government has launched a probe into sky-high egg prices. The Department of Justice says that Cal-Maine Foods is cooperating with the investigation.
Cal-Maine Foods is the United States’ largest egg producer, supplying nearly 20% of the country’s eggs.
The company says that it sales nearly doubled to more than $1.4 billion in its fiscal third quarter, which ended March 1st. Egg prices averaged $4.06 during that period.
Related Stories
Let’s take a look at harvest progress as of early September 2025, across all 50 U.S. States, prepared by Market Day Report anchor and RFD-TV Markets Expert Tony St. James.
Experts estimate the flooding from Hurricane Helene caused more than $1.3 billion in damage to Tennessee agriculture.
Pressure to lower gas prices across the Golden State could be the saving grace of this year’s corn harvest. California may soon be the final U.S. state to approve E-15 sales.
Both Congressional Ag Committees took up the bill over the summer, but there’s no word on when the Senate could move forward; it does expire on September 30.
