Egg prices are down 70% since March, when they reached their highest levels this year prompting supermarkets to implement rationing policies as suppliers struggled to meet demand.
As of Friday, Aug. 29, the wholesale price for Midwest large shell eggs, the industry standard averaged across all label types of eggs, was $2.50 per dozen, according to USDA data .
That's a 70% decrease from March highs, which saw egg prices rise to $6.85 a dozen, according to the data. It’s also 33% decrease from the Easter season, when there is typically a peak demand for eggs.
Here's a look at what caused egg prices to soar this spring – and what to expect through the rest of year.
Why were egg prices so high?
Egg prices rose sharply due to a bird flu epidemic in the laying hen population that s