US’s biggest egg producer’s profits triple as prices soar

The DoJ is investigating, with Cal-Maine's profits nearly eight times as high as at the start of the bird flu outbreak

The US's largest egg producer has reported soaring profits as consumer prices hit record highs thanks to avian flu - and alleged price-fixing which is being investigated by the Department of Justice.

Cal-Maine's profits more than tripled compared with the same quarter last year - and are nearly eight times as high as at the start of the bird flu outbreak in February 2022, according to financial results published on Tuesday.