Patrick Thomas
speaker
216 appearances
5 recordings
2 series
first heard Dec 2025
last heard 10 Jul
Patrick Thomas’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 5 in all, peaking in Jun 2026 with 2.
Appearances
One of the first things his DOJ did was start an investigation into egg pricing and some of the largest companies into their behavior and how eggs were being priced.
And if there was gouging, they were going to look into it.
What the Department of Justice ended up coming back with was they singled out executives from three companies, CalMain, Versova, which is in the top five of biggest egg companies.
And then you have a much smaller player called Hickman's Egg Ranch.
But they singled out these three companies.
And what they say is that these executives, over the course of the bird flu outbreak, exchanged messages, spoke over the phone, to manipulate a little-known process that helps determine the price of how much Americans pay for eggs.
Consumers know very little about this process.
It is very niche.
So let's take a step back for a second and think about the broader egg market.
It is a tough business historically.
It's really easy to crash the market.
These are commodities.
They require a lot of grain.
Costs can fluctuate.
this kind of esoteric online wholesale egg marketplace that is fondly nicknamed the Wall Street of eggs.
So on a normal day, like half a dozen to a dozen companies exchanging what are called bids.
So somebody has eggs to sell, somebody places a bid for the egg to secure them.
So an online auction of sorts for the eggs.
It was the first year of this bird flu outbreak, 2022.
And the chief executive of Hickman's, the smaller egg company among the three,
Showing 21–40 of 216 · page 2 of 11
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