$5 a dozen: major egg companies may be using avian flu to hike US prices, new report finds

The highly concentrated egg market may be contributing to soaring consumer prices - and the spread of the virus, data shared exclusively with the Guardian showsMajor egg corporations may be using avian flu as a ruse to hike up prices, generating record profits while hurting American consumers, new research suggests.The cost of a dozen large eggs hit almost $5 in January - a record high in the US and more than two and a half times the average price three years ago before the avian flu outbreak. This signifies a 157% inflation rate for eggs - a previously go-to affordable protein source for many American families. Continue reading...