April 8 (Reuters) - Cal-Maine Foods CALM.O on Tuesday said it was cooperating with an investigation by the U.S. Justice Department regarding high price of eggs and whether producers have conspired to raise rates.
The U.S. egg producer got a civil investigative demand from the authority last month, Cal-Maine said in a regulatory filing, adding that the eventual scope, duration and outcome of the investigation could not be predicted at this time.
The announcement comes amid record high egg prices at U.S. grocery stores, as outbreaks of bird flu have led to shortages by wiping out millions of hens.
(Reporting by Savyata Mishra in Bengaluru; Editing by Maju Samuel)
((Savyata.Mishra@thomsonreuters.com;))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。