Wholesale egg prices have ‘plunged.’ Retail prices may follow

From CNBC: 2025-03-17 15:06:11

Wholesale egg prices have dropped significantly, offering relief to consumers facing record-high prices. Prices fell 44% to $4.83 per dozen, as bird flu outbreaks eased and demand weakened. Retail prices hit a record high of $5.90 in February but are expected to decrease gradually.

Consumers faced high egg prices due to a bird flu outbreak, prompting an antitrust investigation. However, prices are now falling as bird flu outbreaks have slowed in March. Consumers are buying fewer eggs due to high prices and stockpiling fears, resulting in eased supply shortfalls.

Consumers may still feel the impact of peak market prices when buying eggs, as there is a lag between wholesale and retail pricing changes. Retailers can choose how closely to track wholesale prices, and demand may rise with the upcoming Easter holiday. Egg prices are expected to remain variable in the short term.

Read more: Wholesale egg prices have ‘plunged.’ Retail prices may follow