Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Flashback: Top five wildest moments from Elon Musk’s...
Less than half of DOGE-terminated contracts can be...
Jill Biden should have to answer for ‘cover...
DOGE staffing shakeup as Elon Musk hangs up...
State Dept says DOGE’s changes will be permanent...
President Trump teases ‘last day, but not really’...
Trump denounces court’s ‘political’ tariff decision, calls on...
I’m a physician and I’m worried that our...
Inside the late-night drama that led to Trump’s...
Alleged attempt to impersonate White House chief of...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Business

Egg prices are falling, with a dozen now less than $5

by admin March 15, 2025
March 15, 2025
Egg prices are falling, with a dozen now less than $5

After surging for much of the year, egg prices have declined sharply over the past week as consumers pulled back on purchases, allowing supplies to resettle at more normal volumes.

The result: The average cost of a dozen large white eggs is now $4.90, compared with an all-time high of $8.64 on March 5, the United States Department of Agriculture said Thursday.

That’s the lowest level registered since Dec. 20.

The prices for this measure remain significantly higher than the long-term average of around $2.

And the prices consumers are paying at the grocery checkout in the post-pandemic-lockdown era are still higher than their pre-Covid levels.

But in its latest daily market report, the USDA described underlying price trends as ‘sharply lower’ amid ‘light to occasionally moderate’ retail demand.

A USDA report a week ago said there had been a lull in outbreaks of the viral bird flu that has ravaged egg-laying poultry stocks, providing ‘an opportunity for production to make progress in reducing recent shell egg shortages.’

‘As shell eggs are becoming more available, the sense of urgency to cover supply needs has eased and many marketers are finding prices for spot market offerings are adjusting downward in their favor,’ the USDA said.

Shoppers, meanwhile, ‘have begun to see shell egg offerings in the dairycase becoming more reliable,’ the agency said.

Prices will also have more room to trend downward thanks to the Easter holiday falling three weeks later than last year, it said.

‘This will give the marketplace a change to adjust prices down to a more acceptable level ahead of the holiday demand season,’ it said.

Soaring egg prices had become a hot-button political issue in recent weeks, with the Trump administration’s Justice Department opening an investigation into the matter.

The rising prices also caused overall food-at-home cost to accelerate in recent months after it had cooled dramatically from the highs seen in the throes of the pandemic and post-lockdown period.

Still, food price levels remain higher across the board compared with the pre-pandemic era, thanks to the heavy bout of inflation the U.S. economy has experienced in recent years.

This post appeared first on NBC NEWS

previous post
Chuck Schumer will vote to keep government open: ‘For Donald Trump, a shutdown would be a gift’
next post
Seequent Unveils Evo: Using Open-source Tech to Reshape Mining Exploration

You may also like

Delta cancels hundreds more flights as DOT opens...

July 24, 2024

DOJ sues Walgreens, alleging it ‘knowingly’ filled millions...

January 19, 2025

ESPN plans to add user-generated content to upcoming...

February 21, 2025

How Calvin Klein and Tommy Hilfiger got caught...

February 7, 2025

Walgreens doubles down on prescription-filling robots to cut...

May 13, 2025

Elon Musk, Tesla, Warner Bros. Discovery sued over...

October 23, 2024

A U.S. construction boom is sending rents lower...

August 15, 2024

Google’s second antitrust trial could help shape the...

September 7, 2024

Consumer protection board sues Walmart and fintech firm...

December 25, 2024

JetBlue talking to ‘multiple airlines’ about a new...

February 21, 2025

Recent Posts

  • Flashback: Top five wildest moments from Elon Musk’s DOGE tenure as it comes to an end
  • Less than half of DOGE-terminated contracts can be publicly tracked, only about a quarter of grants: watchdog
  • Jill Biden should have to answer for ‘cover up’ of former president’s decline, White House says
  • DOGE staffing shakeup as Elon Musk hangs up his hat, White House confirms
  • State Dept says DOGE’s changes will be permanent amid Musk’s departure

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (751)
    • Investing (2,211)
    • Politics (2,729)
    • Stock (4)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 Sightful Invest. All Rights Reserved.