US Egg Prices Drop for First Time in Months, but Stay Close to Record Highs

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February inflation measured by the Consumer Price Index Wednesday was 2.8% annually and was up a lower than expected 0.2% for the month, seasonally adjusted. Egg prices rose 10.4% in February while shelter prices accounted for nearly half of the monthly CPI increase © by Bill Greenblatt/UPI

After months of steady increases, U.S. egg prices saw a welcome decline in April—but the relief for consumers may be limited.

Government data released Tuesday shows that while prices have dipped, they remain significantly higher than they were a year ago.

First Price Drop Since October 2024

According to the latest Consumer Price Index, the average price for a dozen Grade A eggs fell by 12.7% in April, settling at $5.12. This marks the first month-over-month decline since October 2024. The price drop follows a record high of $6.23 per dozen recorded in March.

Chart shows a dip in the average price for a dozen Grade A eggs in April at $5.12. Courtesy: Consumer Price Index.

Eggs Still Nearly Twice as Expensive as Last Year

Despite the decline, egg prices are still up 79% from the previous year. In April 2024, the average price for a dozen eggs was just $2.86. The steep rise is largely attributed to an ongoing bird flu outbreak that has severely impacted the nation’s egg-laying hen population.

Bird Flu Outbreak Continues to Pressure Supply

Since early 2022, more than 169 million birds have been culled due to avian influenza outbreaks. The disease spreads quickly, and once a bird is infected, entire flocks—often numbering in the millions—must be euthanized to prevent further contamination.

In April alone, new outbreaks on farms in Ohio and South Dakota led to the loss of over 927,000 hens. These disruptions have continued to place pressure on egg supplies across the country.

Seasonal Demand Adds Complexity

The timing of the price drop surprised some observers, as egg demand typically peaks around Easter and Passover. That seasonal uptick usually supports higher prices, but this year’s dip suggests a complex mix of factors at play—including changes in supply dynamics and possibly shifting consumer behavior.

While April’s decline may offer a momentary break for shoppers, experts warn that ongoing bird flu outbreaks could mean continued volatility in egg prices in the months ahead.

Keep up with the egg inflation with us on Que Onda Magazine.