U.S. retail egg prices fell in April from the record-high prices they hit earlier this year, according to government data released Tuesday.
The average price for a dozen Grade A eggs dropped 12.7% to $5.12 in April, according to the Consumer Price Index. It was the first month-to-month decline in egg prices since October 2024.
Still, egg prices remain near historic highs as a persistent outbreak of bird flu continues to wipe out flocks of egg-laying hens. The April figure is 79% higher than the same month a year earlier, when the price averaged $2.86 per dozen.
In March, U.S. egg prices had climbed to a record $6.23 per dozen. It was unclear how much egg prices would fall in April because consumer demand is usually high around Easter and Passover.
Bird flu has killed more than 169 million birds since early 2022. Any time a bird gets sick, the entire flock is killed to help keep bird flu from spreading. That can have an effect on the egg supply because massive egg farms may have millions of birds.
In April, outbreaks on two farms on Ohio and South Dakota affected more than 927,000 egg-laying hens.
The Trump administration announced a trade deal with the United Kingdom Thursday in grandiose terms, but with only limited details about what it achieves.
U.S. stocks are sinking as AI mania on Wall Street loses more steam and as more companies scrub their forecasts for upcoming profits because of uncertainty created by President Donald Trump’s tariffs.
Stocks are rallying on Wall Street following a stronger-than-expected report on the U.S. job market. The S&P 500 climbed 1.6% in afternoon trading Friday, putting the index on track for a ninth straight day of gains. The Dow Jones Industrial Average added 582 points, or 1.4%, and the Nasdaq composite was up 1.8%. Employers added 177,000 jobs in April, more than forecast. However the latest job figures don't yet reflect the effects on the economy of President Donald Trump’s across-the-board tariffs against America's trading partners. Treasury yields rose in the bond market.
Microsoft and Meta Platforms are driving Wall Street higher on Thursday after reporting profits for the start of the year that were even bigger than analy
The U.S. economy shrank 0.3% from January through March, first drop in three years.
