After Cal-Maine foods, the biggest egg producer in the US, saw revenues increase 82% YoY for its quarter that ended in late November, a group of Democratic lawmakers wrote a letter to President Trump complaining that some egg producers and supermarkets may be using the bird flu crisis to inordinately “hike up egg prices to increase profits.”
You tell us: Do you think egg producers and supermarkets are exploiting the bird flu crisis to raise prices even higher than necessary to boost profits? Cast your vote here.
Circling back: Last week, we told you about a CreditCards.com survey that found that 1 in 5 Americans were buying more products than usual as a result of President Trump’s proposed tariffs, with their thinking being that if the tariffs went through, the items would become more expensive. So we asked if you’d made a recent purchase sooner than you would have otherwise because of Trump’s proposed tariffs. Fewer than 1 out of 3 of you (32.5%) said you’d made a purchase sooner than you would have otherwise because of the proposed tariffs, while 67.5% of you said you’d not done so.
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