At $6.23 per dozen, average U.S. egg prices have broken the record high for the third month in a row, according to the latest monthly consumer price index of Grade A large eggs, released today. This eclipses the previous record high of $5.90/dozen last month.

This news comes as the nation’s largest egg producer, Cal-Maine, reported soaring profits and record egg sales for the third quarter in a row earlier this week. In the first three quarters of FY 2025 alone, Cal-Maine made $1 billion in windfall profits — riding sky-high prices to widen its profit margin over last year’s. Meanwhile, Cal-Maine continues to grow its egg empire by acquiring smaller companies, including Fassio Egg Farms (1.2 million laying hens) in October 2023, and ISE America (4.7 million laying hens) in June 2024. The corporation produces one in five eggs eaten in America.

A recent report by the consumer advocacy group Food & Water Watch — “The Economic Cost of Food Monopolies: The Rotten Egg Oligarchy” — details how Cal-Maine has used the bird flu crisis to reap tremendous profits at consumer expense.

The U.S. Department of Justice opened an investigation into price-fixing by the nation’s largest egg corporations, including Cal-Maine, last month.

Food & Water Watch Research Director Amanda Starbuck issued the following statement:

“Egg prices are spiraling out of control, laying bare the cracks in our corporate food system. The industry is proving itself effective at extracting enormous profits out of American consumers. We are all paying for it — at the store, with food shortages, and with the growing threat of the next pandemic.

“Restoring sanity to the grocery aisle will require immediate action to transform our food system. To lower egg prices, the Trump Administration must take on the food monopolies, hasten and prioritize its investigation into corporate price fixing, and stop the spread of factory farms.”