https://www.cnn.com/2025/03/12/business/egg-prices-are-final...
https://www.cnn.com/2025/03/12/business/egg-prices-are-final...
Indeed but the next sentence in the same title is
> But they’re about to spike again
It also doesn't take into account that there was just announced a large import deal done with Turkey and South Korea and other countries.
"We are talking in the hundreds of millions of eggs for the short term"
https://tradingeconomics.com/commodity/eggs-us
Historically, there's occasionally a minor spike around Easter, yet its usually mild compared to the massive increase lately. Usually around Mar 20th-30 timeframe. Prices are, currently, back close to where the trend line has been heading for the last couple years. Most of 23-24 egg prices were floating around $2.
Notably, the last several years have shown signs of similar trend, just not quite as drastic. 22-23 both showed mild jumps around Christmas-post-Christmas timeframe.
Last week they were 12.99 for a dozen. This week they are 14.99 for a dozen. The news says they are going down, but what the news says matters little when the reality dramatically differs.
You can't trust mainstream news anymore. They lie for the benefit of the monopolist.