> Cal-Maine’s gross profit jumped 10-fold from one 26-week period in 2021 to the same period in 2022, according to the company’s most recent quarterly financial statement. For the 26-week fiscal period ending in November 2021, gross profits were $50.4 million. In 2022 for the same period, gross profits were $535.3 million.
This is pretty damning especially given the more deadly avian flu of 2015 did not cause prices to rise so significantly.
Collusion of the biggest producers would also explain why the more expensive eggs at the store did not rise as much as the cheaper brands.
This is pretty damning especially given the more deadly avian flu of 2015 did not cause prices to rise so significantly.
Collusion of the biggest producers would also explain why the more expensive eggs at the store did not rise as much as the cheaper brands.