The average price for a dozen eggs has dipped down to $4.15
by Kelly Rissman
Independent.co.uk
Egg prices dropped once again this month as bird flu outbreaks eased and demand fell, with consumers unwilling to shell out for the inflated prices, according to the U.S. Department of Agriculture.
Wholesale prices for a dozen eggs now average $4.15, down $2.70 from the week before, the USDA’s Egg Markets Overview from Friday found. In the last week of February, a dozen eggs averaged as high as $8.05.
The reason for the reduced price is two-fold: decreased demand and fewer bird flu outbreaks.
As egg prices shot up, demand for them “sharply” declined over the past week, the department found.