Cracking Down on Egg Industry’s Excuses: It’s Price Gouging
Egg companies’ profits are skyrocketing as they blame avian flu and inflation for their price hikes. Let’s call this what it is: price gouging.
Egg companies’ profits are skyrocketing as they blame avian flu and inflation for their price hikes. Let’s call this what it is: price gouging.
Meatpackers pay a pittance in settlements compared to the record profits they make off these pricing schemes. There must be serious consequences for corporations that get rich by cheating consumers.
Three years after Tyson’s Holcomb KS plant fire, Big Meat is still using it as an example of a supply chain disruption — but this excuse just provides cover while they reap excessive profits.
After yet another multi million-dollar price-fixing settlement barely dented JBS’s record profits, it’s clear to Farm Action that settlements are just the cost of doing business.
With higher grain prices, farmers have more dollars to pay for inputs — and Farm Action suspects fertilizer corporations may be taking advantage of that.