US farm group calls for probe of high egg prices – By Ken Martin (FOX Business) / Jan 22, 2023
The price of eggs has skyrocketed adding to the overall impact inflation is having on American consumers
Consumers’ wallets have been impacted by skyrocketing inflation in the U.S. this past year.
The latest concern is eggs, the price of which was up 138% in December from a year prior, to $4.25 a dozen, according to the Bureau of Labor Statistics.
A farm group is calling on the Federal Trade Commission (FTC) to examine the rise for signs of price gouging from top egg companies.
Various groups from regulators to farmers and industry officials have often argued in recent years about the power of top agriculture firms to set prices and drive up what consumers pay for groceries.
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