Trump’s Department of Justice Investigates the Price of Eggs

The cost to feed a family in the United States has increased by 50 percent since the early days of the pandemic in 2020. Wages have not increased at the same rate, causing many families to feel burdened by the struggle to make ends meet. Still, corporations are finding ways to make it by; in fact, corporate profits are higher than ever before, including in the egg industry.

A new report from Food & Water Watch details how egg companies have recorded record-profits in spite of the avian flu outbreak. The report looked at the corporate profits of one of the country’s largest egg producers, Cal-Maine, and found that despite not initially being affected by avian flu, the egg producer jacked up its prices. Even though the American Southeast “remained free of bird flu in its table egg flocks until January 2025 …retail egg prices in the Southeast rose alongside January 2023’s national price spikes.”

Amanda Starbuck, Research Director at Food & Water Watch, tells Sentient that corporations are “profiting off this crisis.” In January, a group of Democratic lawmakers wrote to President Donald Trump asking him to investigate price-fixing in the egg industry.

On March 6, the United States Department of Justice announced it will be investigating Cal-Maine and other corporations for price-fixing. This isn’t the first time the company has been investigated for such actions. In 2023, Cal-Maine and other egg producers were ordered to pay $53 million after being found guilty of price-fixing.

Yet by mid-March, Elon Musk’s Department of Government Efficiency announced it was taking aim at the DOJ to begin cutting costs at the agency. Attorney General Pam Bondi has agreed to help with this effort and the agency created a committee to do so: JUST-DOGE. Some of the first cuts being made target consultants on anti-trust cases.

The increase in corporate profits illustrates the ability corporations have to increase their revenue in times of crisis, the Food & Water Watch researchers say. During the second quarter of fiscal year 2025, Cal-Maine experienced record-breaking corporate profits and high dividends for shareholders. If, and when, avian flu abates, these egg producers could keep prices high — unless the federal government intervenes or consumer interest in eggs wanes.

In some regions, like the Midwest, egg production was about the same at the end of 2024 as it was in the middle of 2024. Yet prices for a dozen eggs almost doubled. Without intervention, Starbuck says, corporations do not have an incentive to bring prices back down, assuming market demand stays at least constant.

“Even if we were able to eradicate this disease, prices might go down a little bit, but I don’t foresee us ever going back to the days of a carton of eggs for one dollar,” Starbuck says.

The DOJ investigation is in the “very early stages.” Since the investigation was announced, egg prices have fallen to their lowest levels since December in some parts of the country, a trend largely being attributed to decreased demand and fewer avian flu outbreaks. Just as quickly as they increased prices, egg producers are now, in-part, responding to market conditions driven by consumers feeling the squeeze.