Egg prices, which had been surging for much of the year, have recently declined sharply due to decreased consumer demand. The United States Department of Agriculture reported that the average cost of a dozen large white eggs is now $4.90, down from an all-time high of $8.64 in March. This is the lowest price since December. Although prices remain higher than the long-term average, recent reports show that the overall trend is moving towards lower prices due to improved supply levels. The USDA reported that the bird flu outbreaks, which had previously caused egg shortages, have slowed down, allowing production to catch up with demand. As a result, egg prices are expected to continue to decrease in the coming weeks. The Easter holiday falling later this year also provides an opportunity for prices to adjust to more acceptable levels ahead of increased demand. The soaring egg prices had become a political issue, with an investigation opened by the Justice Department. Overall food-at-home costs had been increasing due to inflation, but recent trends show a possible decrease in prices. Despite remaining higher than pre-pandemic levels, the recent decline in egg prices is a positive sign for consumers.
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