Egg Prices Plunge by Nearly 14% in May, the Largest Monthly Drop Since 1951
- Price of eggs decreased by 13.8% in May, the largest decline since 1951
- Egg prices had doubled due to avian flu outbreak and other expenses but have steadily declined since February
- Average wholesale price for a dozen eggs in May was mostly between $0.99 and $1.39
- Average price for consumers of a dozen eggs in May was $2.67, down from $3.27 in April
- Consumers resorted to smuggling eggs from Mexico and buying live chickens in response to high egg prices