Egg Prices Will Fall This Year

LongIsland.com

Average price will come down almost 30% from December highs.

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Your BEC just got BETTER. Egg prices across Long Island have fallen.

 

The USDA says that due to avian flu, prices have been on the rise for a year but started to show improvement as grocery stores worked through stock that they had purchased at elevated pricing the USDA said in a recent report.

 

According to a story in the New York Post, the agency said avian flu killed more than 58 million backyard and commercial chickens and turkeys since last year.

 

The average price for a dozen Grade A large eggs was $4.30 in December. Last year it was $1.80, according to Bureau of Labor Statistics data.

 

This year the price of eggs will fall 26.8%, said USDA Chief Economist Seth Meyer.