SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
");background-position:center;background-size:19px 19px;background-repeat:no-repeat;background-color:var(--button-bg-color);padding:0;width:var(--form-elem-height);height:var(--form-elem-height);font-size:0;}:is(.js-newsletter-wrapper, .newsletter_bar.newsletter-wrapper) .widget__body:has(.response:not(:empty)) :is(.widget__headline, .widget__subheadline, #mc_embed_signup .mc-field-group, #mc_embed_signup input[type="submit"]){display:none;}:is(.grey_newsblock .newsletter-wrapper, .newsletter-wrapper) #mce-responses:has(.response:not(:empty)){grid-row:1 / -1;grid-column:1 / -1;}.newsletter-wrapper .widget__body > .snark-line:has(.response:not(:empty)){grid-column:1 / -1;}:is(.grey_newsblock .newsletter-wrapper, .newsletter-wrapper) :is(.newsletter-campaign:has(.response:not(:empty)), .newsletter-and-social:has(.response:not(:empty))){width:100%;}.newsletter-wrapper .newsletter_bar_col{display:flex;flex-wrap:wrap;justify-content:center;align-items:center;gap:8px 20px;margin:0 auto;}.newsletter-wrapper .newsletter_bar_col .text-element{display:flex;color:var(--shares-color);margin:0 !important;font-weight:400 !important;font-size:16px !important;}.newsletter-wrapper .newsletter_bar_col .whitebar_social{display:flex;gap:12px;width:auto;}.newsletter-wrapper .newsletter_bar_col a{margin:0;background-color:#0000;padding:0;width:32px;height:32px;}.newsletter-wrapper .social_icon:after{display:none;}.newsletter-wrapper .widget article:before, .newsletter-wrapper .widget article:after{display:none;}#sFollow_Block_0_0_1_0_0_0_1{margin:0;}.donation_banner{position:relative;background:#000;}.donation_banner .posts-custom *, .donation_banner .posts-custom :after, .donation_banner .posts-custom :before{margin:0;}.donation_banner .posts-custom .widget{position:absolute;inset:0;}.donation_banner__wrapper{position:relative;z-index:2;pointer-events:none;}.donation_banner .donate_btn{position:relative;z-index:2;}#sSHARED_-_Support_Block_0_0_7_0_0_3_1_0{color:#fff;}#sSHARED_-_Support_Block_0_0_7_0_0_3_1_1{font-weight:normal;}.sticky-sidebar{margin:auto;}@media (min-width: 1024px){.main:has(.sticky-sidebar){overflow:visible;}}@media (min-width: 1024px){.row:has(.sticky-sidebar){display:flex;overflow:visible;}}@media (min-width: 1024px){.sticky-sidebar{position:-webkit-sticky;position:sticky;top:100px;transition:top .3s ease-in-out, position .3s ease-in-out;}}.grey_newsblock .newsletter-wrapper, .newsletter-wrapper, .newsletter-wrapper.sidebar{background:linear-gradient(91deg, #005dc7 28%, #1d63b2 65%, #0353ae 85%);}
To donate by check, phone, or other method, see our More Ways to Give page.
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
"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...
[image or embed]
— 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."
The Republican Party's proposed cuts to nutrition assistance for children, said one analyst, "would be part of legislation that would give massive tax cuts to the wealthiest people and businesses."
The Trump administration and Republicans in Congress are waging a multi-front war on nutrition benefits for children, with the U.S. Department of Agriculture moving this week to end programs that provided over $1 billion in funding for schools and charity organizations to buy food from local farmers as GOP lawmakers simultaneously take aim at school meal programs as part of an effort to fund tax breaks for the wealthy.
Schools and farmers are "bracing for impact," as The Washington Postput it, after the USDA axed the Local Food Purchase Assistance Cooperative Agreement Program and the Local Food for Schools Cooperative Agreement Program as part of a purported effort to "return to long-term, fiscally responsible initiatives."
The Local Food for Schools Program, according to the USDA, "no longer effectuates agency priorities."
The decision to kill the programs could be disastrous for schools, childcare facilities, and other organizations that were expecting federal funding this year. Politicoobserved that "roughly $660 million that schools and childcare facilities were counting on to purchase food from nearby farms" has been terminated by the Trump administration.
"Trump and Elon Musk have declared that feeding children and supporting local farmers are no longer 'priorities,'" Democratic Massachusetts Gov. Maura Healey said in a statement, noting that her state was set to receive $12.2 million "to provide local healthy food to childcare programs and schools, and to create new procurement relationships with local farmers and small businesses."
"Instead of strengthening our food supply chain and supporting students and food banks, the Trump White House wants cuts, chaos, and cruelty."
Rep. Shontel Brown (D-Ohio), vice ranking member of the House Agriculture Committee, said that "the Trump administration is proving to be bad for farmers, bad for children, and bad for people in need."
Food insecurity rose for the second consecutive year in 2024, and roughly 14 million children in the U.S. are food insecure, according to the nonprofit Feeding America.
"Instead of strengthening our food supply chain and supporting students and food banks, the Trump White House wants cuts, chaos, and cruelty," said Brown. "These two programs were a win-win for farmers and communities, and it is incredibly short-sighted to abruptly end them."
Congressional Republicans, meanwhile, are pushing for deep cuts to the Supplemental Nutrition Assistance Program and Medicaid that "could make it harder for schools to operate meal programs and for families to obtain free or reduced-price school meals, Summer EBT, or benefits through the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC)."
That's according to an analysis published Wednesday by the Center on Budget and Policy Priorities (CBPP), which noted that "school meal programs and Summer EBT use SNAP and Medicaid data to automatically enroll children."
"If low-income families with children lose their SNAP and/or Medicaid benefits, they would have to complete a school meal application instead of being automatically enrolled," CBPP warned. "In addition to diminished access to meals during the school year, families who are unable to successfully navigate the application process would no longer be automatically enrolled in Summer EBT. Families with children who lose SNAP and/or Medicaid would also lose their adjunctive income eligibility for WIC."
Zoë Neuberger, a senior fellow at CBPP, said that "as families struggle to keep up with the rising cost of food, Republicans in Congress are looking at making it harder for millions of children in families with low incomes to get free meals at school."
"Worse yet, the proposed cuts would be part of legislation that would give massive tax cuts to the wealthiest people and businesses," said Neuberger. "Congress should instead focus on removing red tape for schools and families so parents can afford groceries and children can get the meals they need for healthy development."
The School Nutrition Association (SNA), a national nonprofit whose members help provide meals to schools across the U.S., is sounding the alarm about three specific proposals that Republicans are weighing as they craft their sprawling reconciliation package:
"These proposals would cause millions of children to lose access to free school meals at a time when working families are struggling with rising food costs," SNA president Shannon Gleave warned in a statement earlier this week. "Meanwhile, short-staffed school nutrition teams, striving to improve menus and expand scratch-cooking, would be saddled with time-consuming and costly paperwork created by new government inefficiencies."
"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."