Wholesale egg prices have dropped more than 40% since February, according to egg market analyst Karyn Rispoli. This decline comes as major bird flu outbreaks in March have eased and consumer demand has weakened, allowing the nation’s egg supply to recover.
Retail egg prices hit a record high of $5.90 per dozen in February, but they may soon drop due to lower wholesale costs. Wholesale prices fell to $4.83 per dozen, a 44% decrease from their peak on February 28.
The decline in wholesale prices is attributed to improved supply availability and weaker consumer demand, which have helped to alleviate pressure on the egg market. Additionally, consumers who stockpiled eggs due to high prices may no longer need to replenish supplies, reducing the demand for eggs.
However, experts caution that retail prices may not drop as quickly or by as much, with some predicting higher-than-usual levels of variability in egg prices due to the upcoming Easter holiday. Egg demand is expected to remain elevated, making it uncertain when and how much retail prices will decrease.
The decline in wholesale egg prices offers relief for consumers who have been affected by record-high prices at grocery stores this year.
Source: https://www.cnbc.com/2025/03/17/wholesale-egg-prices-have-plunged-retail-prices-may-follow.html