DOJ preliminarily investigating high egg prices – Washington Examiner
The Department of Justice is investigating whether high egg prices are the result of antitrust violations by egg producers, following a recent surge in prices attributed to a significant outbreak of avian influenza (H5N1) that has devastated egg-laying hens. The investigation is reportedly in its early stages,and it’s unclear if it will lead to formal charges. The United Egg producers assert that the price increases are primarily due to the impact of the bird flu outbreak,which has led to the loss of nearly 130 million egg-laying hens since 2022. In response to the crisis,the Trump administration has announced a $1 billion initiative to combat the spread of bird flu. President Trump has pointed fingers at former President Biden for rising inflation, including in egg prices, and the USDA projects a further 41.1% increase in egg prices for the current year.
Justice Department preliminarily investigating high egg prices
The Department of Justice is reportedly investigating the price of eggs to determine if high prices are the fault of antitrust violations by egg producers.
The price of eggs has skyrocketed in recent months after an outbreak of highly pathogenic avian influenza, or H5N1 bird flu, which has largely been blamed for the shortage and increased prices.
A report from the Wall Street Journal, citing people familiar with the matter, alleged that the antitrust investigation over egg prices is in its early stages, with uncertainty over whether it falls under criminal or civil authority. The report also stated that the investigation may not lead to formal action.
United Egg Producers maintains the cost of eggs has significantly increased due to the bird flu outbreak, with nearly 130 million egg-laying hens dying of H5N1 since 2022. Last week, the Trump administration announced it would support a $1 billion effort to curb the spread of bird flu through various biosecurity efforts.
“U.S. egg farmers have worked tirelessly to protect their flocks and invested hundreds of millions of dollars in the highest biosecurity and disease prevention measures,” UEP President Chad Gregory said in a statement last week, thanking the federal government for working to curb bird flu’s effects on the industry.
President Donald Trump has vowed to curb inflation, including the price of eggs, and he has placed much of the blame on his predecessor, former President Joe Biden.
USDA SECRETARY LAYS OUT PLAN FOR TACKLING BIRD FLU TO LOWER EGG PRICES
“Joe Biden especially let the price of EGGS get out of control — and we are working hard to get it back down,” Trump said in his address to Congress earlier this week.
The outlook for egg prices for the rest of the year is not optimistic, according to a United States Department of Agriculture report released late last month. The USDA’s Food Price Outlook report for 2025 projected that egg prices will increase by 41.1% this year.
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