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Stock impact report

Trump’s DOJ Investigates Rising Egg Prices—And Egg Producers, Report Says [Forbes]

Cal-Maine Foods, Inc. (CALM) 
Last cal-maine foods, inc. earnings: 1/5 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: calmainefoods.com/investors
Company Research Source: Forbes
Trump is attempting to curb rising egg prices. (Photo by Drew Angerer/Getty Images) Getty Images Key Facts The probe into the root of rising egg costs will also include an investigation of whether top egg producers have conspired to hold back their supplies or increase prices, according to the Journal, which cited unnamed sources. The Journal noted the investigation is still in early stages and may not lead to formal actions against any of the examined companies, and it's not clear if the investigation is criminal or civil. Egg price hikes have primarily been attributed to a bird flu outbreak in the U.S. that has led to being killed in an effort to contain the disease among livestock since 2022, by tens of millions. It is unclear which specific egg producers are being looked at by the DOJ, though some of the largest egg producers in the U.S. include companies like Cal-Maine Foods, Rose Acre Farms and Hillandale Farms, the first of which owns about 44 million egg-laying he Show less Read more
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