Australia's egg industry now almost totally corporate controled

 Australia’s egg industry has long been dominated by big business but corporate power over the industry is now almost total. Legendary corporate raider,Ron Brierley's Guinness Peat Group has a big stake in Victorian egg operator Farm Pride Foods. Pace Farm, which is owned by private equity group ROC Partners has bought Kinross Farms and Canada’s PSP Investments controls 50% of Sunny Queen Australia. That accounts for almost all eggs sold in supermarkets and leaves a tiny percentage of overall egg sales for individual farm businesses. Increasing levels of market manipulation seem inevitable.