US' biggest egg producer is raking in profits as supermarket prices surge: farm advocacy group

1. Cal-Maine maintains stable production while profits surged by 646% since 2021. 2. Farm Action claims Cal-Maine's price-fixing behavior exacerbates egg price spikes. 3. U.S. egg prices rose sharply, hitting $4.95 per dozen; $10 in NYC stores. 4. Cal-Maine acquired six companies in 2023, consolidating market power amidst crisis. 5. Avian flu led to destruction of 115 million hens, limiting future supply recovery.