Egg Prices Falling From 2022 Highs But Still Double Pre-Pandemic Costs Due to Avian Flu, Feed Prices

• Egg prices remain high due to avian flu outbreaks, high feed costs for farmers, and regulations requiring cage-free facilities • Prices are down from 2022 but still about double pre-pandemic levels globally
• In the U.S., average egg prices have fallen from $4.21 to $2.99 per dozen since last year • Weather, COVID disruptions, the war in Ukraine have driven up chicken feed prices, a major cost for farmers • Prices expected to decrease around 2.8% in the U.S. this year but unlikely to return to pre-COVID levels soon