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"The only egg prices Donald Trump is lowering," quipped the DNC chair, "is our nest eggs."
For the third straight month, U.S retail egg prices have hit a record high, despite falling wholesale prices, no bird flu outbreaks, and President Donald Trump's campaign promises—and recent misleading claims.
On Thursday, the U.S. Bureau of Labor Statistics' Consumer Price Index (CPI) reported the average retail cost of a dozen eggs rose from $5.90 in February to $6.23 last month.
Egg prices continue to increase despite bird flu outbreak slowing finance.yahoo.com/news/egg-pri...
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— Yahoo Finance (@yahoofinance.com) April 10, 2025 at 6:22 AM
Earlier this week, Trump claimed that "eggs are down 79%" due to his administration's work, a possible reference to the wholesale price, which does not reflect retail cost due to the role that profit-hungry industrial producers and grocery cartels play in inflating prices.
Trump also said that egg prices "are going down more," a statement that contradicts not only recent trends but also his own administration's Food Price Outlook, which forecasts a 57.6% increase in egg prices for 2025, with a prediction interval of 31.1%-91.5%.
Recent record egg prices have largely been driven by an avian flu epidemic that has forced farmers to cull over 166 million birds, most of them egg-laying hens. However, no farms are currently reporting any bird flu outbreaks.
On Tuesday, Cal-Maine Foods, the nation's largest egg producer, announced quarterly profits of $509 million, more than triple its gains from a year ago. The Mississippi-based company, which produces around 20% of U.S. eggs, also enjoyed a more than 600% increase in gross profits between fiscal years 2021-23, according to the consumer advocacy group Food & Water Watch (FWW).
Yet even as its profits soared, Cal-Maine still took $42 million in federal compensation for losses due to bird flu.
The top five egg producers own roughly half of all U.S. laying hens. The biggest of those corporations is Cal-Maine, which just announced quarterly profits of $509 million — more than 3x what it made a year ago. Corporate concentration + bird flu = a price-hiking free for all.
— Robert Reich (@rbreich.bsky.social) April 9, 2025 at 10:31 AM
Last month, the U.S. Justice Department's antitrust division launched an investigation of alleged price-fixing by the nation's largest egg producers, including Cal-Maine, which isn't even the largest recipient of avian flu-related government assistance. Versova, which operates farms in Iowa and Ohio, has been allotted more than $107 million in federal bird flu relief, The Washington Postreported Wednesday. Hillandale Farms, a Pennsylvania-based company sold last month to Global Eggs, received $53 million in avian flu-related subsidies.
"For those companies to be bailed out and then turn around and set exploitative prices, it just adds insult to injury for consumers," Thomas Gremillion, director of food policy at the Consumer Federation of America, told the Post. "Absolutely, it's unfair."
FWW research director Amanda Starbuck took aim at the corporate food system, saying Thursday that "the industry is proving itself effective at extracting enormous profits out of American consumers."
"We are all paying for it—at the store, with food shortages, and with the growing threat of the next pandemic," she continued.
"Restoring sanity to the grocery aisle will require immediate action to transform our food system," Starbuck added. "To lower egg prices, the Trump administration must take on the food monopolies, hasten and prioritize its investigation into corporate price fixing, and stop the spread of factory farms."
The fresh CPI figures weren't all bad news, as the index saw its first decline in five years, falling 0.1% mainly on the strength of lower oil prices. The 12-month increase in consumer prices also slowed from 2.8% to 2.4%.
However, the mildly positive CPI news was overshadowed by the economic uncertainty caused by Trump's mercurial global trade war, including a ramped-up 145% tariff on imports from China, one of the top U.S. trading partners, and ongoing stock market chaos.
"The only egg prices Donald Trump is lowering," Democratic National Committee Chair Ken Martin quipped earlier this week, "is our nest eggs."
"These are not people who want to make America healthy," said one advocate for people with disabilities. "They want to make the sick disappear."
The U.S. Department of Health and Human Services canceled more than $12 billion in federal funding for state health departments across the nation, money that is used to track infectious diseases and provide mental health services, addiction treatment, and other critical care.
NBC Newsreported Wednesday that $11.4 billion of the canceled grants were earmarked by the Centers for Disease Control and Prevention (CDC) for state and community health departments, nongovernmental organizations, and international recipients following the Covid-19 pandemic. Around $1 billion worth of grants are being pulled from the Substance Abuse and Mental Health Services Administration.
"The Covid-19 pandemic is over, and HHS will no longer waste billions of taxpayer dollars responding to a nonexistent pandemic that Americans moved on from years ago," Andrew Nixon, a spokesperson for the Department of Health and Human Services said in a statement. "HHS is prioritizing funding projects that will deliver on President [Donald] Trump's mandate to address our chronic disease epidemic and Make America Healthy Again."
This is just stunning. HHS has abruptly canceled more than $12 billion in federal grants to states that were being used for tracking infectious diseases, mental health services, addiction treatment and other urgent health issues.
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— Charles Ornstein ( @charlesornstein.bsky.social) March 26, 2025 at 1:36 PM
However, experts point to the certainty of future pandemics—like an avian flu strain that mutates to pass between humans—in urging public health policy planners to maintain or even increase preparedness and response funding.
NBC News reported that the 13 agencies overseen by HHS were sent notices starting Monday, which informed them that they have 30 days to reconcile their expenditures.
For some state and community healthcare providers, the effects of the cuts were immediate.
There was an abrupt $11B cut to local/state public health (PH) infrastructure yesterday. I don't think people realize what this means: -Want an updated system to check your immunizations instead of digging through docs? PH no longer able to carry out upgrades to immunization information systems
— Katelyn Jetelina ( @kkjetelina.bsky.social) March 26, 2025 at 11:34 AM
As The New York Timesreported:
In Lubbock, Texas, public health officials have received orders to stop work supported by three grants that helped fund the response to the widening measles outbreak there, according to Katherine Wells, the city's director of public health.
On Tuesday, some state health departments were preparing to lay off dozens of epidemiologists and data scientists. Others, including Texas, Maine, and Rhode Island, were still scrambling to understand the impact of the cuts before taking any action.
In interviews, state health officials predicted that thousands of health department employees and contract workers could lose their jobs nationwide. Some predicted the loss of as much as 90% of staff from some infectious disease teams.
"We learned yesterday that the federal government has unilaterally terminated approximately $226 million in grants to Minnesota Department of Health related to the Covid-19 pandemic," Minnesota Commissioner of Health Dr. Brooke Cunningham said in a statement. "This termination is effective immediately and impacts ongoing work and contracts. This action was sudden and unexpected."
Lori Freeman, CEO of the National Association of County and City Health Officials, toldCBS News that much of the funding would have expired soon anyway.
"It's ending in the next six months," she said. "There's no reason—why rescind it now? It's just cruel and unusual behavior."
Colorado Department of Public Health and Environment communications director Kristina Iodice toldNBC News, "We are concerned that this sudden loss of federal funding threatens Colorado's ability to track Covid-19 trends and other emerging diseases, modernize disease data systems, respond to outbreaks, and provide critical immunization access, outreach, and education—leaving communities more vulnerable to future public health crises."
The first Trump administration was widely criticized for shortcomings in these fields. A congressional panel issued a 2022 report accusing top administration officials of "failed stewardship" and a "persistent pattern of political interference" that undermined the nation's response to Covid-19, which to date has killed more than 1.2 million people in the United States and is still claiming hundreds of lives each week, according to CDC figures.
Wednesday's reportingd came as HHS, CDC, and other critical agencies braced for more cuts and layoffs ordered by Elon Musk's Department of Government Efficiency, or DOGE. HHS Secretary Robert F. Kennedy Jr. and his aides are also "nearing their final decisions on a sweeping restructuring of the department," CBS Newsreported last week.
Last month, Senate Democrats demanded answers from Kennedy regarding the purge of more than 5,000 HHS workers after the agency "blindly followed" a "baseless directive" by Trump and DOGE that the lawmakers said is "blatantly undermining Americans' health and safety."
As Common Dreamsreported Wednesday, public health experts have also condemned the administration's decision to terminate funding for Gavi, the global vaccine alliance—a move critics warned could result in the deaths of over 1 million children in the Global South.
"Investing in Gavi brings other benefits for our world and the American people," the alliance said. "Here's why: By maintaining global stockpiles of vaccines against deadly diseases like Ebola, mpox, and yellow fever, we help keep America safe. These diseases do not respect borders, they can cross continents in hours and cost billions of dollars."
"Instead of trying to lower the cost of living, he's doubling down on his plans to give massive tax breaks to billionaires and giant corporations," said one Trump critic.
As the U.S. Department of Labor released its monthly consumer price index report on Wednesday, President Donald Trump's new tariffs for steel and aluminum imports took effect, highlighting his threat to the economy and working-class Americans.
The CPI, "a key gauge of inflation, showed that prices rose by 2.8% in February from a year earlier, driven by price relief from airfares and gas," The Washington Postreported. "That was cooler than the 3% annual gain reported for January and an unexpected signal of progress in combating high inflation."
While gasoline prices fell 1.0% and airline fares dropped 4%, the cost of food and shelter rose 0.2% and 0.3% respectively. The bird flu continued to drive up egg prices, which jumped 10.4%. The report adds, "Indexes that increased over the month include medical care, used cars and trucks, household furnishings and operations, recreation, apparel, and personal care."
The White House celebrated the inflation data, but economists were quick to point out that the numbers don't account for the latest developments in Trump's trade war: the new tariffs taking effect on Wednesday—after chaos-causing mixed messages from the president on Tuesday—and Canada and Europe's swift retaliatory measures.
"It's a classic head fake," Joe Brusuelas, chief economist at RSM, told the Post. "Going forward, tariffs are going to increase the costs of manufacturing in general and autos in particular."
Chris Low, chief economist at FHN Financial, similarly toldReuters that "trade wars are expected to raise prices in future inflation reports," though he also said the odds that the Federal Reserve can cut interest rates "again this year once the smoke from the tariff back-and-forth clears increased today nonetheless."
Trump's trade policies and other recent decisions, including letting billionaire Elon Musk gut the federal government, have elevated fears of a recession—which one economist suggested naming after the president—and even sparked speculation that he is tanking the economy on purpose.
In a Wednesday statement about the CPI report, Groundwork Collaborative chief of policy and advocacy Alex Jacquez said that "while families are still struggling to put food on the table and a roof over their head, the administration's response is that they should raise their own chickens in their backyards."
"Every economic indicator suggests that President Trump has us barreling toward a recession and stagflation. But instead of trying to lower the cost of living, he's doubling down on his plans to give massive tax breaks to billionaires and giant corporations," Jacquez added, referring to congressional Republicans' efforts to send Trump legislation that would fund tax giveaways by slashing Medicaid and the Supplemental Nutrition Assistance Program (SNAP).
In addition to Jacquez's comments, Groundwork and Data for Progress also released a poll showing that over a fifth of U.S. voters across the political spectrum are most frustrated with rising grocery costs. Another 10% are most frustrated with high bills for utilities like electricity, gas, and water. They were followed by around voters frustrated with out-of-pocket healthcare costs, rent or mortgage, or health insurance premiums.
Groundwork Collaborative warned that "Trump's threat of new tariffs risks making the housing crisis worse. By driving up the cost of construction materials, his trade war with Canada could shrink the supply of new housing, keeping overall prices high. That, in turn, forces the Federal Reserve to keep interest rates elevated, making mortgages more expensive."
The think tank also stressed that the Trump administration is "destroying affordable healthcare" by fighting to cut Medicaid and Medicare, reinstate work requirements, and limit Affordable Care Act enrollment; "raising energy bills" by freezing funds for clean energy projects while advocating for planet-wrecking fossil fuels; and "making groceries more unaffordable" by pushing SNAP cuts "instead of tackling corporate price gouging and market consolidation in the food industry."
Food & Water Watch similarly responded to the new CPI data by calling out failures to crack down on corporate price gouging—as detailed in the group's report from last week titled, The Rotten Egg Oligarchy.
"Record-high egg prices have everything to do with corporate greed," Food & Water Watch research director Amanda Starbuck said Wednesday. "While skyrocketing prices transform eggs into a luxury item, the food monopolies are seeing green. President Trump needs to get serious about lowering American food prices—starting with cracking down on the food monopolies exploiting the worsening bird flu crisis for profit."