Easter Egg Pricing
Eggs may not be the first thing people think about during the Easter holiday, but they’re certainly a popular part of the celebration that is now less than three weeks off. And with the recent runup in egg prices due to the massive bird flu epidemic, some consumers might be wondering if the markets will experience another price spike.
The news is actually pretty good. The USDA Egg Markets Overview at the end of March showed the impact of more than 30 million laying hens either killed by bird flu or deliberately culled in order to stop the spread of the epidemic. But the laying population has recovered about half of the losses in just three months, now with more than 285 million birds across the U.S. farming sector—down from 304 million at the end of last year. The report notes that stores are beginning to advertise eggs at $4.00 a dozen, compared with wholesale prices over $8.00 in February. Grocery supplies are very nearly back to normal, and as more hens reach laying age over the coming weeks, the Easter price squeeze that some anticipated may not materialize after all.