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I’m dedicating the newsletter this week to 1 of many most effective reports I’ve learn in a really long time. Check out the Washington Put up investigations team’s deep dive on “The Big Egg Heist”—or what occurred when 280,000 brown eggs from The United States’s top producer Cal-Maine possess been stolen off a freight truck. A ransom show followed.

I received’t ruin this twisting story for you, nonetheless I’ll point out that the story also explains how Cal-Maine grew to turn into a procedure while profiting from the surprising spike within the price of eggs that grew to turn into the fridge staple into one of many most widespread luxurious items in grocery stores nationwide. In the days main up to the theft, the U.S. Department of Justice even started investigating Cal-Maine on farmers’ allegations of designate-gouging. Because the firm blamed designate hikes on the affect of avian flu outbreaks reducing general provide, the Washington Put up aspects out that in 2022, Cal-Maine didn’t lose a single rooster to avian flu and silent reported quarterly earnings that December that possess been 169 times increased than the year prior.

I’m silent anticipating Cal-Maine to return my many requests for an interview with the chairman and son-in-guidelines of the firm’s founder, or the founder’s four daughters. They’d managed the publicly traded firm thru a majority stake for years, nonetheless sold a vital quantity of shares in April. Their complete fraction sale conception is estimated to possess a designate of about $500 million.

I am hoping it is seemingly you’ll perchance perchance presumably very effectively be having fun with all summer time has to produce, and, if contend with millions of Americans, you’re within the throes of a heatwave, defend wintry and hydrate!

— Chloe Sorvino

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Identity theft Featured Story

The Big Egg Heist

From the Washington Put up: 280,000 eggs disappeared from The United States’s top producer. Then got right here a ransom show.

Identity theft The Feed

Public Land Clutch: After widespread bipartisan opposition to the federal authorities promoting some 250 million acres of public land within the West to lift funds as fraction of the Trump Administration’s One Immense Sparkling Bill Act, it’s having a survey contend with the conservationists would possibly perchance procure. On Monday, the Senate’s Parliamentarian Elizabeth MacDonough ruled out the sales, in protecting with Politico’s E&E Knowledge. However the fight is now not over: Senate Vitality and Pure Resources Chair Mike Lee (R-Utah) has vowed to alter his conception.

IPO Sight: As soon as Upon A Farm, the organic toddler meals impress cofounded by Jennifer Garner and broken-down Annie’s CEO John Foraker, has confidentially filed to head public, in protecting with a tale in Reuters. The Goldman Sachs- and JPMorgan-backed transaction would possibly perchance designate the trade at round $1 billion and is an genuine signal for markets which possess confronted uncertainty and a tepid provide of most fresh listings.

Combating The Subsequent Pandemic: I also urge you to learn a name to action on avian flu and the risks it poses to human effectively being from Danielle Nierenberg, cofounder of Food Tank and a Forbes contributor. “The time to forestall and beget this virus is animated now,” writes Nierenberg. “There’s a extremely trusty chance that avian flu would possibly perchance pose a increased chance in some unspecified time in the future, and we can’t be caught unprepared. The animated route of action involves vaccination, investments in public effectively being, and global collaboration—all of which seem like under chance given most fresh U.S. protection tendencies.” In a roundabout blueprint, she publicizes: “As Covid-19 made abundantly definite, viruses don’t quit at national borders. Conserving the public healthy and making ready for pandemic risks merely ought to be more well-known than politicking. And after we’re heading within the defective route, there is an genuine obligation to sound the alarm—and to illuminate the next direction ahead.”

Identity theft Area Notes

I’ve been spending some time on Cape Cod, for that reason I needed to quit at The Seafood Shanty in Bournedale, Massachusetts animated sooner than the bridge. I contend with this 30-year-plus institution’s fried scallops and homemade onion rings, and, I if truth be told have to narrate, I in my concept mediate the lobster roll would possibly perchance perchance very effectively be the most effective—and the most effective designate—of wherever around the Cape. Reliable tip: This dilapidated-college seafood shack piles on the lobster so excessive that it is seemingly you’ll perchance perchance presumably catch two lobster rolls out of their $32.95 meal (with fries!), genuine articulate yourself an additional roll.

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