I was curious so I went to look up the average egg price and see the reported price by the Bureau of Labor Statistics shows it is an average of $3.13/dozen as of March 26th, magically down from $8.17/dozen on March 1st. However, the lowest reported price in any state is $6.79 in Virginia. So something is quite fishy.
Edit: This article seems to shed a little more light on things. The wholesale price has dropped but retail prices will lag. Sounds like a drop in egg demand due to high prices and farms getting caught up on egg laying hens and causing the wholesale market to settle down.
I was curious so I went to look up the average egg price and see the reported price by the Bureau of Labor Statistics shows it is an average of $3.13/dozen as of March 26th, magically down from $8.17/dozen on March 1st. However, the lowest reported price in any state is $6.79 in Virginia. So something is quite fishy.
Edit: This article seems to shed a little more light on things. The wholesale price has dropped but retail prices will lag. Sounds like a drop in egg demand due to high prices and farms getting caught up on egg laying hens and causing the wholesale market to settle down.