President Trump highlighted a significant drop in wholesale egg prices, claiming a 59% decline since his inauguration. While the wholesale price has decreased, this reduction has not yet translated to lower retail prices for consumers. As of March 28, the average wholesale price was down to $3 per dozen but consumers were still paying around $5.90 in February. The Agriculture Department indicated that prices could take several weeks to adjust and forecasted a potential increase in egg prices in 2025, suggesting a volatile market ahead.
The wholesale price of eggs has indeed fallen by more than half since Mr. Trump's inauguration, but that drastic decline is not yet reflected in the retail price, which consumers pay at the grocery store.
According to the Agriculture Department's weekly data release, the national wholesale average has fallen from $6.55 a dozen on Jan. 24 to $3 on March 28, a 54 percent decline.
That was almost a dollar more than the average in January. The wholesale prices of eggs remains much higher now than at this point at the end of March 2024, when the national average was $1.70 a dozen.
The Agriculture Department predicted in its latest food price outlook that egg prices will increase by 57.6 percent in 2025 compared with the previous year.
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