After a significant rise in egg prices due to bird flu outbreaks, the U.S. Department of Agriculture reports a steady decline in wholesale egg prices, now averaging $4.15 per dozen. This decrease is attributed to the absence of major bird flu cases in March, allowing for a recovery in supply. While wholesale prices are dropping, it may take some time for these changes to reflect in grocery store prices due to retailers' existing inventories and cautious pricing strategies. Experts indicate that if bird flu remains controlled, retail prices could fall in the coming weeks.
Wholesale egg prices have been decreasing, dropping to $4.15 per dozen, thanks to the absence of major bird flu outbreaks, allowing the egg supply to recover.
Grocery stores may not reflect the decline in wholesale egg prices immediately due to previous purchase agreements, creating a lag in price reductions for consumers.
Retailers are cautious about cutting prices too quickly due to concerns about future bird flu outbreaks, which could disrupt the recovering egg supply.
Experts suggest that as long as bird flu remains contained, prices at grocery stores should gradually decrease within the coming weeks.
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