Egg prices have taken a sharp turn for the better since President Donald Trump took office in January. Following the implementation of a five-point plan aimed at addressing the rising costs, egg prices have dropped significantly. A recent report from Axios highlighted that prices fell by 63% in just one month, with the average wholesale price of a dozen large eggs now sitting around $3. This is a dramatic decrease from the $8.15 average price recorded on February 21.
The White House has attributed this price drop to concerted efforts to combat avian flu and replenish the chicken supply. Agriculture Secretary Brooke Rollins detailed the administration’s five-point plan on Fox News, emphasizing the urgency of the situation. She pointed out that under the previous administration, egg prices surged by 237%, yet this issue received little attention from mainstream media.
Rollins explained that Trump directed her to develop a strategy to lower egg prices shortly after she took office. The plan includes deregulation to help chicken farmers, speeding up the repopulation of flocks affected by avian flu, enhancing biosecurity measures, temporarily importing eggs from other countries, and conducting long-term research on vaccines and treatments.
The market has responded positively to these measures, according to Rollins, who noted that bold strategies can lead to quick changes. She expressed confidence that the administration’s proactive approach is making a real difference in the egg market.
As prices continue to stabilize, many consumers are likely to welcome this relief, especially as they prepare for holiday gatherings that often feature eggs in various dishes. The administration’s efforts seem to be yielding results, and it will be interesting to see how these changes impact the market in the coming months.