All throughout this saga of people screeching about eggs, I've never paid more than $4 a dozen for organic eggs. How are Trader Joe's and Market Basket continuing to offer such prices to customers (non-organic eggs continue to be around $3 per dozen), if the egg suppliers are the ones collecting excess profits? Surely the suppliers are not charging less to Market Basket, a small regional grocery chain, than they're charging to Stop & Shop right across the street, an internationally owned food conglomerate? Why is Stop & Shop not selling any eggs for less than $7 per dozen, then?
Aldi used to charge 59 cents a dozen, limit two dozen. Not any more.
Retail prices of eggs going up is not proof that the egg suppliers are being exploitative. The end retailers need to be investigated for their margin on eggs for it to be determined who in the supply chain, if anyone, is exploiting a narrative to make excess profits.
The other piece of "evidence", Cal-Maine's quarterly P/L, is also useless, for all we know they decided to invest in less capital equipment than previously in Q3 2025. It's actually very curious to choose P/L over gross revenue to "prove" the point the author is pushing. Unless of course the point of the article is not a genuine economic/corporate analysis and instead a narratively political topic du jour by some untrained journalist.
Is there anything to say here other than a shrug of the shoulders?
There's no serious moral or value distinction here; if you insist on pointing fingers you can, but at the end of the day the profits we see celebrated come with higher costs, and the continuing-to-increase wealth inequality in this country confirms that not everyone sees the benefit.
> You know what the trouble is, Brucey? We used to make shit in this country, build shit. Now we just put our hand in the next guy's pocket.
The story tells us that Cal-Maine's profits are 4 times what they were a year ago.
At the bottom of the page after the story where they list a variety of other WSJ stories they suggest to read, one of them when I read the page was to a story about how Cal-Maine missed Wall Street expectations in the their latest quarterly earnings report by a significant amount and it hurt the stock price. (The stories at the bottom change every time the page is loaded and I only saw that one once despite visiting the page several times).
Was Wall Street expecting their profits to actually grow more than the large growth the story reported?
| Year | Net Income Common Stockholders | Tax Provision |
| ---- | ------------------------------ | ------------- |
| TTM | 990,814 | 312,872 |
| 2024 | 277,888 | 83,689 |
| 2023 | 758,024 | 241,818 |
| 2022 | 132,650 | 33,574 |
| 2021 | 2,060 | -12,009 |
impish9208•7mo ago