Our long national egg nightmare is over:
Well, mostly over: There's been a brief spike upward in June for some reason. However, the average since 2022 is $2, and that's exactly where we are now.
METHODOLOGY NOTE: For some reason the USDA's weekly price survey occasionally covers only a tiny number of stores, which produces odd massive spikes just due to sampling errors. I've limited the data points in this chart to weeks in which the USDA sampled at least 100 stores.
Because the HPAI pandemic is nearly over. More hens alive, laying eggs.
This is another interesting chart: https://www.usinflationcalculator.com/inflation/egg-prices-adjusted-for-inflation/
Basically, at the height of the inflation spike last year, eggs -- adjusted for inflation, natch -- were essentially as expensive as they were in 1980. Prices fell throughout the 80s and 90s, probably as large-scale egg production facilities came on line , and then started rising again in the 2000's, peaking around 2008 at a little over $2.50 a dozen. Then the fell again over the last decade or so, only to spike up sharply after the pandemic/bird-flu double-whammy. I think it was the suddenness of the spike last year, combined with the anxiety and stress of the pandemic that had people losing their shit over egg prices. People are still claiming that we're in some kind of egg crisis, even though prices have mostly reverted to the mean, as Kevin shows. Poor Joe Biden can't do anything right, it seems.
Yippee. I think I'll pick up another 18-pack.
I noticed egg prices had dropped down to $0.99/dozen about a month ago, and now they've gone up a bit. I suspect it has to do with the spread of Avian Influenza in Poland, Brazil, and China. I think we might be in big trouble this time.
" There's been a brief spike upward in June for some reason. "
High school graduation.
Just paid $1.99 for a dozen large eggs. Though I do live in a "chicken" state, and there are lots of local sources of eggs here.