The wholesale price of eggs has dropped sharply since the beginning of March after soaring for months, but it may take a few weeks for grocery shoppers to see the decline. Wholesale egg prices, which is what retailers pay to procure eggs, have fallen to a national average of just over $4 for a dozen…
The Justice Department is in the early stages of investigating major egg producers in the United States over possible antitrust violations as the price of eggs skyrockets, two people familiar with the matter said. The department’s lawyers are preparing to send civil investigative demands — effectively subpoenas for civil investigations — to several producers, including…
The calls, texts and emails start coming in before 6 in the morning: restaurants, bakeries and others desperate to find eggs. Brian Moscogiuri is an egg broker. A vice president for the wholesale company Eggs Unlimited, he works the phone in his home office in Toms River, N.J., until late into the evening, trying to…