Consumer egg prices hit a record high last month despite the fading bird flu outbreaks that limited the supply. According to the Bureau of Labor Statistics’ Consumer Price Index, the average cost of large, grade A eggs was $6.23 per dozen in March, marking a 5.9% increase from the previous month and a significant 60% jump from the same time last year. The egg supply is slowly beginning to rebound as farms report fewer outbreaks of avian influenza, which devastated commercial operations in late 2024 and caused significant shortages.

Wholesale egg prices in various markets, including New York, California, and the Midwest, have declined as of April 4, as reported by the USDA. Stocks of conventional and cage-free eggs have both increased, although the supply of organic shell eggs slightly dipped. While wholesale prices are falling, it may take some time for these savings to be reflected in consumer prices. Grocers are now starting to offer discounts as consumer demand stabilizes.

Farms have been able to rebuild the egg supply after the winter outbreaks of avian influenza resulted in the loss of over 30 million birds since January 1. The number of detections on farms has decreased, with only one commercial operation reporting an outbreak in April so far. This is a significant improvement compared to the 85 outbreaks reported in January. Bird flu detections typically decrease during the warmer months due to the belief that heat limits the viability of the virus.

Although producers have been able to replenish the egg supply, chicken flocks remain thin, with the caged flock down 12.5% as of March 1. The shortages in egg supply have led some in Congress to accuse producers of artificially hiking prices to maximize profits. The largest egg supplier in the U.S., Cal-Maine, is currently cooperating with a Department of Justice investigation into the reasons behind the increased consumer prices for eggs.

In conclusion, consumer egg prices have reached record highs due to the impact of bird flu outbreaks on the supply. However, as the supply recovers and wholesale prices drop, consumers can expect to see discounts and more stable prices in the near future. The industry is working to address the challenges faced by the recent outbreaks and is taking steps to ensure a consistent and affordable egg supply for consumers.