Eggs Are Way Down In Price. Here's Why.

The price of eggs is finally coming down fast, which can be news to some people because they stopped buying eggs when they got so expensive during the winter.

The high prices were kick-started by a quick rise last year in the number of cases of Bird Flu. The effort to head off the spread of that scourge resulted in the culling of 20 million chickens.

The cost was high, with many farms suffering, but the cases of Bird Flu have dropped starting just before Easter, a time of year when egg sales skyrocket.

But now that Easter season is gone, eggs are settling in price, down to just $3 a dozen in some places from a high of near $9 just a few months ago.

"We've actually seen fewer incidences of Bird Flu the last few months so we're losing fewer chickens, which is allowing us to gain some ground in replacing the flock," Texas A&M University Economics Professor David Anderson says.

"So we've been able to catch up a little bit in numbers and that's boosting the egg production a little bit. And we get some seasonal effects, and both of those are working to lower prices."


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