With Passover and Easter approaching, Americans across the country are focusing on eggs. While many folks are dying hardboiled eggs a variety of colors, or maybe stuffing candy into the hinged, plastic varieties, most are not thinking about the complex environment under which this protein-packed, perishable food is delivered to them.
As children (and, let’s be honest, many adults) meticulously comb through their backyards, lifting every rock and peeking into every crevice in search of prizes, they may not think about how their enthusiasm tends to fuel a seasonal bump in table-egg prices. But good news for price-conscious consumers: A seasonal bump in retail egg prices that typically occurs just prior to Easter did not materialize in 2019, according to analysis conducted by AFBF economists.
“At 79 cents per dozen, retail egg prices showed a moderate price decline two weeks prior to Easter, rather than the normal seasonal bump,” explained AFBF Economist Michael Nepveux. In March, wholesale large egg prices averaged 93 cents per dozen, a 56 percent decline compared to a year ago.
The current supply of eggs is more than adequate to meet retail demand for the holidays, Nepveux noted. For more information about the complex world of egg production, egg pricing and the Holiday Price Bump, read the Market Intel update provided by the American Farm Bureau.
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