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
USDA Cattle-on-Feed report for March shows slightly lower inventory and higher February placements, signaling a tighter supply but steady outlook for the U.S. cattle herd.
Nebraska Cattle Rancher Joe Van Newkirk shares his firsthand insight on devastating wildfires in the Sandhills, discusses challenges facing ranchers, long-term calf health concerns, and the recovery efforts underway.
Nebraska Cattlemen’s Association President Craig Uden shares the latest on Nebraska wildfire conditions, discusses challenges facing producers, and outlines relief efforts underway.
Ranchers have a lot going on at the moment, but some ‘friendly’ news could be coming with this month’s Cattle-on-Feed Report from the USDA.
