Egg prices are dropping for the first time in months but is still close to record high

Eggmen can finally take a break when the cost of eggs drops.

Breakfast Staples sticker stands out among the increase in supermarket costs over the past year with an index increase of over 43%, according to a report from US Bureau of Labor Statistics. In April, BLS reports a decrease of 12.7% in the cost of eggs, a significant difference after the increase in recent months.

“Meat, poultry, fish and egg index rose 7.0 percent over the past 12 months when the egg index increased by 49.3 percent,” the report states.

The report shows an overall reduction in the food price. In April, food prices fell 1% after increasing by 4% in March, BLS reports. In the past month, the price of food at home fell 4%, which is the largest reported decrease since September 2020.

A Price chart Provided by BLS shows the variation in the price of a dozen A eggs over the past four months. March proved to present the highest food prices for eggs so far this year. The diagram indicated that the price of eggs in March to April fell from $ 6.23 to $ 5.12. Consumers can only hope that this decrease will only continue in the coming months.

“Given that we were at record level prices just a couple of months ago, I think this is a pretty big move,” Bernt Nelson, an economist at American Farm Bureau Federation said USA today about the recent decrease in prices. “We cannot say that it will necessarily stay this way, but in the short term this is fantastic.”

The most recent reported price drop shown on the chart will return to October 2024, when the price of a dozen A -eggs fell from $ 3.82 in September to $ 3.37 in October.

Since May 9, the national average retail price in conventional large white eggs has decreased by 17%, according to a separate report implemented by US Ministry of Agriculture. The price in early May is listed as $ 3.99 a decrease in the price compared to mid -April when the average price was $ 4.28.

Probably, the frustrations of shoppers have grown with the increased price of eggs in recent months. In December 2024 the price for a dozen egg $ 4.15 was just one month it increased to $ 4.95, a Bls -diagram Reports.

An increase in bird flu is another important contributor to the price increase. The USDA report shows that the bird flu outbreak led to depopulation of over 31 million birds ranging from conventional cage systems to cage-free systems and even organic.

Since the American Farm Bureau Federation and USDA formed a collaboration to carry out biosecurity that would prevent the spread of bird flu, Nelson said he believes these efforts are to thank for the latest reduction in egg prices, USA today Reports.

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In a statement released on Tuesday, May 13, spokesman Kush Desai celebrated in the White House the reduction in egg prices.

“The CPI report shows that the American people are experiencing real financial relief: food, gas and egg prices are down, while real wages are up,” Desai said in the statement. “President Trump’s first policy created a historical economy during his first term of office, and he lays the foundation to repeat the success during his second term.”

Nelson, however, says it will take farmers to recover from the bird flu outbreak.

“If things remain calm as they are now, we have a relatively low fall load and that stronger biosecurity does their job and is starting to show some success, we can see that egg prices stop,” Nelson said USA today.