Eggflation is just more price-gouging. Cory Doctorow: One company controls the US egg industry, Cal-Maine Food, and it’s making record profits—up 65% net year-over-year.
In its communications to investors, Cal-Maine’s eminently guillotineable CFO Max Bowman attributed the monopolist’s good fortune to “significantly higher selling prices” and “our ability to adapt to inflationary market pressures.”