ANALYSIS: US Egg Market Plunges Nearly 50% as High Retail Prices Cause Demand to Slow
If customers weren’t paying attention to the price of eggs before, their awareness has certainly been heightened in recent weeks. It’s nearly impossible to scroll through headlines or social media these days without stumbling upon a news story or a witty meme decrying the high cost of eggs—or even the farmers that produce them. And yet wholesale egg prices have plunged 49% over the past five weeks, dropping below $3.00/dozen for the first time since October—which begs the question...
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