The wholesale price of eggs has fallen significantly since March 2023, dropping to just over $4 per dozen after peaking above $8 in February. This decline is attributed to factors such as better control of bird flu, reduced consumer demand, and increased supply. However, due to the eggs' four-week shelf life, it could take until the end of March for these lowered prices to reflect in grocery stores. Regional competition among grocery chains may also influence the speed of retail price adjustments, with some areas potentially experiencing slower declines.
The sharp drop in wholesale egg prices may take weeks to reflect in grocery stores due to the four-week shelf life of eggs.
Factors like improved control of bird flu and weakened consumer demand have contributed to lower wholesale egg prices.
Retail egg prices rose significantly in February, yet economists predict uneven declines depending on regional competition and grocery chain strategies.
The control of avian flu has allowed a ramp-up in supply, which, along with pricing decisions, has caused the drop in wholesale prices.
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