Thrifty Banker
  • Politics
  • Business
  • World
  • Investing
  • Politics
  • Business
  • World
  • Investing

Thrifty Banker

Business

Egg prices are falling, with a dozen now less than $5

by admin March 15, 2025
March 15, 2025
Egg prices are falling, with a dozen now less than $5

After surging for much of the year, egg prices have declined sharply over the past week as consumers pulled back on purchases, allowing supplies to resettle at more normal volumes.

The result: The average cost of a dozen large white eggs is now $4.90, compared with an all-time high of $8.64 on March 5, the United States Department of Agriculture said Thursday.

That’s the lowest level registered since Dec. 20.

The prices for this measure remain significantly higher than the long-term average of around $2.

And the prices consumers are paying at the grocery checkout in the post-pandemic-lockdown era are still higher than their pre-Covid levels.

But in its latest daily market report, the USDA described underlying price trends as ‘sharply lower’ amid ‘light to occasionally moderate’ retail demand.

A USDA report a week ago said there had been a lull in outbreaks of the viral bird flu that has ravaged egg-laying poultry stocks, providing ‘an opportunity for production to make progress in reducing recent shell egg shortages.’

‘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 downward in their favor,’ the USDA said.

Shoppers, meanwhile, ‘have begun to see shell egg offerings in the dairycase becoming more reliable,’ the agency said.

Prices will also have more room to trend downward thanks to the Easter holiday falling three weeks later than last year, it said.

‘This will give the marketplace a change to adjust prices down to a more acceptable level ahead of the holiday demand season,’ it said.

Soaring egg prices had become a hot-button political issue in recent weeks, with the Trump administration’s Justice Department opening an investigation into the matter.

The rising prices also caused overall food-at-home cost to accelerate in recent months after it had cooled dramatically from the highs seen in the throes of the pandemic and post-lockdown period.

Still, food price levels remain higher across the board compared with the pre-pandemic era, thanks to the heavy bout of inflation the U.S. economy has experienced in recent years.

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Hamas says it is willing to release US-Israeli hostage and bodies of four dual nationals
next post
Dollar General CEO warns consumers are cash-strapped and says 2025 won’t be better

Related Posts

JPMorgan CEO Jamie Dimon hopes for soft landing...

April 30, 2024

‘Kill us or send us home’: Workers at...

October 12, 2023

Disney posts mixed results for quarter plagued by...

August 10, 2023

Walmart managers can now earn $400,000 a year,...

February 1, 2024

How crazy popcorn buckets became big business for...

February 20, 2025

UAW strike would show Biden and other leaders...

September 9, 2023

Disney appeals federal judge’s dismissal of its lawsuit...

February 2, 2024

The U.S. added 216,000 jobs in December, much...

January 7, 2024

Rent up, groceries down: Inflation cooled slightly in...

May 17, 2024

Open seating no more? Southwest CEO says airline...

April 27, 2024

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular

    • 1

      Top 10 Countries for Natural Gas Production (Updated 2024)

      April 6, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Top 10 Uranium-producing Countries (Updated 2024)

      April 18, 2024
    • 4

      A GOP operative accused a monastery of voter fraud. Nuns fought back.

      January 3, 2025
    • 5

      Top 9 Nickel-producing Countries (Updated 2024)

      April 23, 2024
    • 6

      Australian abolitionist, Grace Forrest, receives coveted ‘Freedom from Fear’ award

      April 13, 2024
    • 7

      LME Sanctions on Russian Metal Push Copper, Nickel and Aluminum Prices Higher

      April 17, 2024

    Categories

    • Business (1,028)
    • Investing (2,046)
    • Politics (2,977)
    • Uncategorized (20)
    • World (3,347)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: thriftybanker.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thriftybanker.com | All Rights Reserved