U.S. Egg Prices Drop as Imports and Investments Offer Temporary Relief
Egg prices have fallen to $3.45 per dozen, their lowest since October 2024, but domestic supply challenges and trade tensions persist.
- The avian flu epidemic has led to the culling of over 111 million birds since 2022, severely reducing the U.S. egg supply.
- Egg prices surged to over $15 per dozen earlier this year but have recently fallen to $3.45 per dozen, signaling potential stabilization.
- The U.S. government has secured emergency egg imports from countries like Turkey and reached out to European producers, including Denmark, for additional supplies.
- Illegal egg imports from Mexico and Canada have increased, with thousands of seizures recorded as consumers sought cheaper alternatives.
- A $1 billion federal investment in combating avian flu aims to rebuild the domestic hen population, though recovery is expected to take months.