This article was written by

Follow

Analyst’s Disclosure: I/we have a beneficial long position in the shares of CVSA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Egg prices have declined rapidly over the last year as the market normalizes following a significant avian flu outbreak that began in 2022, though the threat of a resurgence in the virus could lead to volatility later this year.

The Bureau of Labor Statistics (BLS) on Wednesday reported the consumer price index (CPI) for February, which showed egg prices declined by 3.8% in the month and are down 42.1% from a year ago. By contrast, headline CPI inflation was 2.4% higher than it was a year ago.

Bernt Nelson, an economist with the American Farm Bureau Federation, told FOX Business that the U.S. egg industry has been on a “rollercoaster of avian influenza detection” since 2022, with detections ranging from about 20 million birds affected to nearly zero birds, depending on the time of year.

“Because of this, we’ve had times when the laying flock was damaged enough to really drive prices higher,” Nelson said. He added that a dozen eggs cost around $4.14 in December 2024 and climbed to a high of $6.22 a dozen in March 2025 – but those have since declined to about $2.50 a dozen, according to data from the BLS and the U.S. Department of Agriculture’s (USDA) Economic Research Service.

FEBRUARY INFLATION BREAKDOWN: WHERE ARE PRICES RISING AND FALLING THE FASTEST?

Egg prices have been on a roller-coaster in recent years amid supply disruptions due to an avian flu outbreak. (Emily Elconin/Bloomberg via Getty Images)

Nelson added that as of December 2025, egg prices were about 12% below the five-year average as the market recovered from the avian flu-related price shocks. The stabilization of the market comes as the USDA has stepped up detection activities to help mitigate outbreaks.

“USDA has made some dramatic improvements in the last year,” he explained, noting that the agency offers a wildlife assessment that looks for ways wild birds may infiltrate an egg farm as well as a domestic assessment that considers ways to promote agricultural hygiene such as undertaking a foot bath before entering an egg layer house.

“USDA offers these free of charge and then it becomes up to the egg farmer to implement the changes that they need to help secure their farm,” Nelson said, adding that it has “dramatically improved the ability to keep supplies in the pipeline.”

INFLATION HELD STEADY IN FEBRUARY AND REMAINED ABOVE THE FED’S TARGET

Egg prices have declined rapidly over the last year as the supply chain normalized from the avian flu outbreak. (I RYU/VCG via Getty Images)

In the last six months, the slowdown in avian flu cases has allowed production to recover and increase, bringing prices below the level they were at before the larger outbreak began. 

However, the USDA’s wildlife monitoring has found a very high viral load in wild migratory birds passing through all four of the flyways that cross the U.S. from south to north in recent months, which can impact the egg, turkey and broiler industries.

Nelson noted that in the last 30 days there have been about 14 million birds affected, which was higher than some of the lower caseload months during the supply chain normalization. 

HOW THE IRAN WAR COULD HIT AMERICANS’ GROCERY BILLS

Egg prices remain susceptible to volatility as farmers continue to manage avian flu detections. (Ronaldo Schemidt/AFP via Getty Images)

He said there have been about four million detections in March overall, mostly attributed to two relatively large avian flu detections announced this week that covered four million birds at egg production facilities. 

“What that demonstrates is that you can have almost no detections going on, it can be just a really low, smooth sailing situation, and all of a sudden you can have a detection at one of these bigger farms and when that detection it can take a lot of layers out of the pipeline very quickly,” Nelson said.

“We’re not seeing the impacts of that supply change yet, but if we see avian influenza continue to affect houses like that where you’re seeing a high number of birds affected month to month, it can very well push prices back up,” he added.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Nelson said that when egg farmers’ flocks are impacted by avian flu it can take an emotional toll on the farmers as well as cause financial harm, as USDA indemnity programs cover things like cleanup costs but doesn’t cover the production stoppage that can last up to six months.

The bank’s North Haven private-income fund told investors Wednesday it received quarterly requests making up around 10.9% of the fund’s $7.6 billion in assets, but would stick to a 5% limit. The fund, which is structured as a non-tradable business development company, runs a tender offer every quarter.

Most investors have scant exposure to oil and gas stocks, which act as insurance in case of an energy crisis. In my latest Markets A.M. newsletter, I look at whether it would have been worth holding more energy shares, just in case.

“This process has been arbitrarily undermined by an activist judge,” Pirro said at a fiery press conference responding to the decision, which quashed subpoenas – orders to compel someone to give testimony – from her office seeking information from the bank about cost overruns at renovations of its offices.