US EditionEgg prices dropping just in time for Easter
- Retail U.S. Egg prices are high despite a decline in wholesale prices, with a dozen large grade A eggs priced at $6.23 in March, up from $5.90 in February, according to the U.S. Bureau of Labor Statistics.
- The price increase is driven by a highly pathogenic avian influenza outbreak, which has caused supply constraints, according to Kevin Bergquist of Wells Fargo Agri-Food Institute.
- Wholesale egg prices dropped to $3.26 per dozen as of April 4, but retail prices remain elevated due to market dynamics and seasonal demand, Jason Nickerson explained.
- The Justice Department has begun investigating companies for possible collusion in setting egg prices, causing shares of Cal-Maine Foods to decline after the company admitted to the investigation.
16 Articles
16 Articles
Egg prices dropping just in time for Easter
AUSTIN (KXAN) -- Egg prices are dropping just in time for Easter, and that downward trend should continue following the holiday, according to Agrilife Today, the Texas A&M digital magazine. Although egg price reach their peak around the holiday, prices have been on a "downward trend in recent months," according to Agrilife. "Wholesale prices fell from $8.51 to $3.84, or 55%, between March 1 and March 29," said David Anderson, Ph.D., AgriLife Ext…
The Gilmer Mirror
thetexasspur.comEgg prices falling ahead of Easter demand
Egg prices falling ahead of Easter demand Texas Crop and Weather Report – by Adam Russell Egg prices have been dropping, and a Texas A&M AgriLife Extension Service expert believes a continued downward trend should follow the Easter holiday. David Anderson, Ph.D., AgriLife Extension economist and professor in the Texas A&M Department of Agricultural Economics, Bryan-College Station, said eggs typically reach a seasonal price peak around Easter, h…
Fox Business
The Business TimesEgg prices crack records ahead of Easter holiday, but relief may be on the horizon: 'The plan is working'
Egg lovers are scrambling as prices may have cracked all-time highs ahead of Easter, but federal officials say relief is already on the way.According to the Bureau of Labor Statistics, the average price of a dozen eggs hit $6.23 in March, up nearly 6% from February, and more than 60% higher than a year ago. But behind the scenes, a sharp drop in wholesale costs is setting the stage for a rebound at the checkout counter."Wholesale prices of eggs …
Whoopi Goldberg Wrongly States Egg Prices Haven't Fallen 'One Cent' - They've Dropped from $8.27 to $3.23
Shoppers across America have noticed changes in their grocery bills in recent months. With families still recovering from record inflation, every price movement matters at... The post Whoopi Goldberg Wrongly States Egg Prices Haven’t Fallen ‘One Cent’ – They’ve Dropped from $8.27 to $3.23 appeared first on Patriot Journal.
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