Wholesale egg prices have ‘collapsed.’ Why consumers may soon see relief
Wholesale egg prices have cratered in recent weeks from record highs, meaning consumers may soon see relief at the grocery store.
But the dynamics of egg pricing from the wholesale to retail market, in addition to other factors, means that’s not a sure thing in the short term.
Prices fell to $2.61 per dozen eggs on Monday — a 52% decrease from the peak around $5.43 on Dec. 19 and a 47% decrease from the beginning of 2023
https://www.cnbc.com/2023/02/07/wholesale-egg-prices-have-collapsed-from-record-highs-in-december.html
Not good news for farmers. Their production costs are still high.