- US egg prices have fallen by 60% compared to last year, making them significantly more affordable for consumers during holidays such as Easter and Passover.
- Record high prices in the previous year were primarily caused by a widespread bird flu outbreak, which necessitated the culling of numerous egg-laying hens.
- The current lower prices, $2.50 per dozen on average in February, are attributed to a decrease in bird flu cases in the latter half of last year and a rapid replenishment of egg-laying flocks, with an 8% increase in hatched egg-type chicks.
- A decision by the Trump administration to import nearly 1 billion eggs last year also contributed to the reduction in prices, although import levels have since returned to normal.
- Despite the benefit to consumers, farmers are facing difficulties, often selling eggs at or below their production costs, and are concerned about potential increases in feed expenses.
IN FULL
Egg prices are down from last year’s record highs but it’s not all good news