The Economic Times

Remember when egg prices ballooned last year? Now theyve fallen so low that United States farmers are in crisis

The average price of a dozen eggs has reduced to $2.58, roughly half of what consumers paid at peak levels last year. The drop follows recovery from avian flu outbreaks that killed millions of egg-laying hens and pushed prices over $6 per dozen. As flocks rebound and supply increases, wholesale prices have fallen below production costs, leaving several farmers selling at a loss.