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Egg Prices Drop Sharply, but Consumers Face Delayed Relief

Wholesale egg prices have fallen to $3.45 per dozen, but retail prices remain elevated due to supply chain lags and cautious retailer adjustments.

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Eggs are for sale at a grocery store in Lyndhurst, New Jersey, on Sunday, January 19, 2025.
Eggs from ISA Brown chickens inside a nesting box at an egg farm in Mason, Michigan.
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Overview

  • Wholesale egg prices have dropped over 57% from their early March peak of $8.17 per dozen to $3.45, the lowest level in nearly five months.
  • Retail prices remain high, averaging $5.90 per dozen, as grocery stores delay passing on savings due to inventory and pricing strategies.
  • The U.S. Department of Justice is investigating potential price manipulation by egg producers during the shortages caused by avian flu outbreaks.
  • Improved supply, reduced demand, and fewer avian flu outbreaks have contributed to the sharp decline in wholesale prices.
  • The Easter season is expected to temporarily increase demand and potentially drive prices higher, complicating efforts to stabilize the market.