Overview
- Bureau of Labor Statistics data show a 2.7% drop in egg prices in May and further declines into June, marking a two-thirds reduction from their March peak.
- Economists credit the decline to softer summer demand and easing of a highly pathogenic avian influenza outbreak that has killed more than 36 million laying hens this year.
- Despite the relief, retail egg prices remain elevated year-over-year at about $4.55 per dozen in May compared with $2.70 in May 2024.
- August Egg Company recalled over 20 million shell eggs in Florida for potential Salmonella Enteritidis contamination, highlighting ongoing food safety concerns.
- USDA reports reveal uneven supply recovery as wholesale prices rise in some regions while carton costs vary significantly across markets.