Egg prices drop as demand 'sharply' falls among inflation-weary customers unwilling to shell out [View all]

Source: The Independent

Saturday 15 March 2025 16:46 EDT


Egg prices dropped once again this month as bird flu outbreaks eased and demand fell, with consumers unwilling to shell out for the inflated prices, according to the U.S. Department of Agriculture.

Wholesale prices for a dozen eggs now average $4.15, down $2.70 from the week before, the USDA’s Egg Markets Overview from Friday found. In the last week of February, a dozen eggs averaged as high as $8.05. The reason for the reduced price is two-fold: decreased demand and fewer bird flu outbreaks.

As egg prices shot up, demand for them “sharply” declined over the past week, the department found. There were also “no significant outbreaks” of the virus in March. This combination has led to a dip in price, but that dip has not yet been reflected on store shelves, the USDA said.

“As shell eggs are becoming more available, the sense of urgency to cover supply needs has eased and many marketers are finding prices for spot market offerings are adjusting rapidly downward in their favor,” the report said. It’s not immediately clear if these reduced prices will stick around through Easter and Passover, during both of which eggs feature prominently. Easter is on April 20 and Passover begins on April 12 and ends on April 20.

Read more: https://www.the-independent.com/news/world/americas/egg-prices-drop-demand-inflation-b2715877.html