Egg Price Decline
After months of soaring costs, the price of large white shell eggs fell 15 percent in early March, bringing relief to consumers who have been struggling with high egg prices due to supply constraints and inflation. The decline in prices is attributed to easing supply constraints and no significant outbreaks of avian influenza in nearly two weeks.
Key Points
- Price of large white shell eggs dropped 15 percent in early March
- Supply constraints easing with no significant outbreaks of avian influenza
- Consumer prices up 10.4 percent in February and 58.8 percent year-over-year
Pros
- Relief for consumers as egg prices decrease
- Easing supply constraints contributing to lower prices
Cons
- Egg prices remain significantly higher than previous years