Log In

Egg Prices Plummet by 61% Since March | The River 97.3 | iHeart Central PA Community

Published 1 day ago1 minute read
US-POLITICS-ECONOMY-EGGS

Photo: AGNES BUN / AFP / Getty Images

The price of eggs has significantly decreased, dropping nearly 61% since March, according to the latest data from the U.S. Department of Agriculture. As of now, the average cost for a dozen large white shell eggs is approximately $2.52, a substantial decline from over $8 per dozen in early March.

This dramatic price drop follows a period of high costs that led many consumers to change their purchasing habits. A study conducted by Clarify Capital in April revealed that over 30% of Americans had stopped buying eggs due to their steep prices. The recent decrease may encourage consumers to return to purchasing eggs more regularly.

The reasons behind the price fluctuation have not been detailed in the available sources, but such changes often result from shifts in supply and demand, production costs, or market conditions. As the market stabilizes, consumers and producers alike will be watching to see if prices remain at this lower level or if they fluctuate again.


Origin:
publisher logo
iHeart Central PA Community
Loading...
Loading...
Loading...

You may also like...