Pic: Egg prices drop 61% under Trump admin
The price of eggs has decreased by over 61% since President Donald Trump's inauguration in January. The major drop in egg prices comes after egg prices skyrocketed to a historic high in March.
According to the latest report from the U.S. Department of Agriculture, the price of white, large shell eggs has decreased to $2.52 per dozen on average across the United States. According to data published by Trading Economics, the price of a dozen eggs was roughly $6.49 on January 21 and over $8.00 during the first week in March.
In the U.S. Department of Agriculture's weekly Egg Markets Overview, the agency recently reported, 'Shell egg demand posted a slight improvement headed into the Memorial Day weekend but remained well below average in the continuation of a trend that began during the sharp price increases in late winter.'
In a Tuesday post on X, formerly Twitter, House Republicans wrote, 'IT'S NATIONAL EGG DAY. EGG PRICES ARE FALLING — DOWN 61% since @POTUS TOOK OFFICE. EGGCELLENT NEWS. PROMISES MADE, PROMISES KEPT!' House Republicans also shared a picture contrasting the price of eggs in January with the price of eggs after Trump's first few months in office.
Last month, the White House celebrated lower egg prices listed in April's Consumer Price Index, saying, 'Egg prices saw the largest one-month decline in more than four decades.'
READ MORE: Deadly virus 'nightmare' experience shared by egg farmer
In April, Clarify Capital announced a study that indicated that 34% of Americans had 'stopped buying eggs due to rising costs, with many waiting for prices to drop to $5 or less per dozen' and that almost 95% of Americans had observed egg prices increasing significantly. At the time, Reuters reported that the United States had started importing more eggs from Brazil, South Korea, and Turkey due to almost 170 million chickens, turkeys, and other birds being killed by bird flu outbreaks since 2022.
The most recent Egg Markets Overview report indicated that the U.S. Department of Agriculture's Animal and Plant Health Inspection Service (APHIS) had 'confirmed 43 outbreaks in layer flocks in 10 states (AZ, CA, IA, IN, MO, NC, OH, PA, SD, and WA).'
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