Data: FactSet, USDA; Chart: Axios Visuals
The avian flu-related surge in egg prices is ebbing — but the protein is still pricey.
State of play: Weekly egg price information from the United States Department of Agriculture shows the average price of a dozen eggs is down more than 40% from its December peak of about $5.30. A dozen eggs now cost just over $3.
- Context: An outbreak of avian influenza in the U.S. this year prompted the culling of more than 50 million birds, disrupting egg supplies.
Yes, but: Despite the recent drop in USDA prices — which are based on sales to large buyers — prices are still more than triple what they were two years ago.
