Loading ...Egg Producers Accused of Price Gouging After 718% Profit Revealed
The price of eggs skyrocketed in December 2022, when a dozen large Grade A eggs cost American consumers $4.25 on average. This was more than double what they paid a year before, an average of $1.79 according to data from the U.S. Labor Department’s Bureau of Labor Statistics (BLS).
Since then, egg prices have gradually come down across the country, but they still remain much higher than they had been in the past decades—an upsetting change for such a well-loved, traditionally cheap staple.