The fourth-largest egg producer in the country has been jacking up the prices of eggs during the coronavirus pandemic by as much as four times their regular rates, new court papers allege.

Hillandale Farms, an Ohio and Pennsylvania based wholesale egg distributor, allegedly made around $4 million in New York off of the sky-high prices, a lawsuit filed Tuesday by New York Attorney General Letitia James claims.

Hillandale — which sells to major grocery stores, US Military facilities and wholesale distributors in New York — was selling a dozen large white eggs to Western Beef at prices ranging from $.59 to $1.10 in January, according to the Manhattan Supreme Court lawsuit.

But as the pandemic took hold in the state, prices allegedly soared to $2.93 — nearly five times the low-end January rate — by the end of March.

Similarly, Hillandale sold a carton of eggs to West Point for $3.15 in April 2020 — almost quadruple the $0.84 price it charged the military facility in January, the court documents claim.

The company isn’t increasing prices “to offset any increased costs — which it acknowledges have not affected its prices — but simply to line its own pockets and profit off New Yorkers during a time of crisis,” the suit alleges.

- Extracted from https://nypost.com/2020/08/11/egg-farm-accused-of-jacking-up-egg-prices-during-coronavirus/

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