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Jury Orders Egg Suppliers to Pay $17.7 Million in Damages for Price Gouging in 2000s to several major food manufacturing companies who sued egg producers over a conspiracy to limit the supply..
.usnews.com ^ | Dec. 1, 2023 | Associated Press

Posted on 12/06/2023 10:48:58 AM PST by daniel1212

INDIANAPOLIS (AP) โ€” A federal jury in Illinois ordered $17.7 million in damages โ€” an amount tripled to more than $53 million under federal law...

The jury ruled last week that the egg producers used various means to limit the domestic supply of eggs to increase the price of products during the 2000s. The time frame of the conspiracy was an issue throughout the case; jurors ultimately determined damages occurred between 2004 and 2008...

Food manufacturers joining as plaintiffs in the lawsuit against the egg producers are Kraft Foods Global, Inc., The Kellogg Company, General Mills, Inc. and Nestle USA, Inc. The jury found the egg suppliers who participated in the conspiracy were Cal-Maine Foods, Inc., United Egg Producers, Inc., United States Egg Marketers, Inc. and Rose Acre Farms, Inc.,


TOPICS: Culture/Society; Foreign Affairs; Government
KEYWORDS: agriculture; bacon; eggs; food; poultry; prices
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1 posted on 12/06/2023 10:48:58 AM PST by daniel1212
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To: daniel1212

How eggciting.............


2 posted on 12/06/2023 10:55:10 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

The yolk’s on you.


3 posted on 12/06/2023 10:56:29 AM PST by Billthedrill
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To: daniel1212

Woo Hoo! When can WE expect our checks? Christmas is approaching quickly......


4 posted on 12/06/2023 10:57:01 AM PST by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this๐Ÿ’ฉ? ๐Ÿšซ๐Ÿ’‰! ๐Ÿ‡ฎ๐Ÿ‡ฑ๐Ÿ‘!)
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To: daniel1212

Expect higher prices. Might be good for folks working at these entities to have their resumes updated.


5 posted on 12/06/2023 10:57:11 AM PST by mrmeyer (You can't conquer a free man; the most you can do is kill him. Roberor thert Heinlein)
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To: Red Badger
...But there was a shortage.

Which came first?
6 posted on 12/06/2023 10:57:12 AM PST by golux
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To: daniel1212

Hearing from many chicken owners, it seemed to be the feed causing hens not to lay. When their diet was switched from the certain industrial feed to scraps and foraging they started laying again.


7 posted on 12/06/2023 10:59:18 AM PST by bk1000 (Banned from Breitbart)
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To: Billthedrill; golux

I think they egg-aggerate the problem...........


8 posted on 12/06/2023 11:00:09 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: daniel1212

Was the bird flu real?

I thought it was. Went from about 15 owls in my backyard to one.

Really enjoyed having them there.


9 posted on 12/06/2023 11:01:03 AM PST by lizma2
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To: bk1000

Eggzackley................


10 posted on 12/06/2023 11:02:05 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: daniel1212
I notice that no one is saying how much this raised the price of eggs.

I do know during that time that the biggest part of the price was the cost of the carton. Same with milk, the largest part of the price of milk is the cost of the bottle.

Which is why buying four quarts is more then buying one gallon. More food quality resin and energy is used to blow four quart bottles rather then one gallon bottle.

And the price of a heavy plastic bottle, like with the chugs, really raises the price.

So there you go. More then you ever actually wanted to know about the price of eggs and milk.

11 posted on 12/06/2023 11:06:36 AM PST by Harmless Teddy Bear (Keep America Beautiful by keeping Canadian Trash Out. Deport Jennifer Granholm!)
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To: Billthedrill

Did they find who hatched this plan.


12 posted on 12/06/2023 11:07:39 AM PST by pas
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To: rktman

HA! The little people, who always end up getting screwed the most, will not see a dime of recompense.


13 posted on 12/06/2023 11:11:31 AM PST by metmom (He who testifies to these things says, โ€œSurely I am coming soon.โ€ Amen. Come, Lord Jesus.)
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To: Harmless Teddy Bear

When we can, we get eggs locally from the farmers.

We have a milk supply nearby for farm fresh milk.


14 posted on 12/06/2023 11:13:15 AM PST by metmom (He who testifies to these things says, โ€œSurely I am coming soon.โ€ Amen. Come, Lord Jesus.)
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To: metmom

But, but, but......fair and equal and stuff! ๐Ÿ˜


15 posted on 12/06/2023 11:19:40 AM PST by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this๐Ÿ’ฉ? ๐Ÿšซ๐Ÿ’‰! ๐Ÿ‡ฎ๐Ÿ‡ฑ๐Ÿ‘!)
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To: lizma2

“Was the bird flu real? Went from about 15 owls in my backyard to one.”

Did the real bird fly?

Are you sure you’re not egg-saggerating? Maybe they did not egg-spire but just egg-sitted your yard to get some eggs-ercise?

*can’t decide if I like or hate these type threads*


16 posted on 12/06/2023 11:20:44 AM PST by Zack Attack (โœ”)
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To: metmom
We are not allowed to sell our fresh milk so any extra gets turned into cheese which, if aged, we are allowed to sell.

Eggs are only for family consumption although that expands quite a bit in the summer.

Our neighbor raises chickens and sells the eggs at our fruit and veggie stand in the summer. You get a $0.25 discount on your eggs if you bring your own carton.

17 posted on 12/06/2023 11:32:32 AM PST by Harmless Teddy Bear (Keep America Beautiful by keeping Canadian Trash Out. Deport Jennifer Granholm!)
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To: Red Badger

Does this mean we can sue the oil companies?


18 posted on 12/06/2023 11:38:13 AM PST by MrRelevant
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To: MrRelevant

Only if you want to drive up the cost of fuels..................


19 posted on 12/06/2023 11:40:03 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

But they can already do that at will... and do....

Perhaps the eggs were so expensive for the last few years because Big Egg knew this day was coming.


20 posted on 12/06/2023 11:45:42 AM PST by MrRelevant
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