Increasing Prices One of the Biggest Egg Producers in the U.S. Has Made 718% Profit

According to reports, increasing prices has made one of the biggest egg producers in the United States over 700 percent in profit. Cal-Maine Foods shared that last quarter the company doubled its revenue with a profit of 718 percent.The average price of 12 eggs at the end of February stood at $3.30 USD, a staggering increase from the average of $1.61 last year. With the increase, Cal-Maine Foods's revenue came in at $997.5 million USD and net income shot up to $323.2 million USD from last year (...