When will the price of eggs drop?


YOUNGSTOWN, Ohio (WKBN) – Egg prices are coming down, but the real savings won’t show up at the grocery store for a while.

Eggs have been expensive all year, largely due to a nationwide bird flu outbreak, supply chain challenges and high feed costs. According to Rodney Holcomb, a professor of agricultural economics at Oklahoma State University, bird flu will infect about 10% of laying hens in 2022.

“It’s been a very bad storm — not a great storm, but a very bad storm — high energy prices, high feed prices and bird flu,” Holcomb said. “This has led to a huge price swing that we haven’t seen since the bird flu of 2015, and it’s gotten worse.”

The latest consumer data shows that over a dozen eggs were 49% more expensive on average in November 2022 compared to the same period last year.

The U.S. Department of Agriculture’s egg market snapshot released over the weekend showed more eggs shipped last week – up 11% – and future deliveries up 14%. More inventory helps lower prices for buyers.

Midwest wholesale prices for large eggs delivered to warehouses recently fell $0.13 to $5.17 per $10.

All news on the site does not represent the views of the site, but we automatically submit this news and translate it using software technology on the site, rather than a human editor.

Leave A Reply

Your email address will not be published.