Egg prices are finally falling after hitting records. Here's why.

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Egg prices are finally falling after hitting records. Here's why.
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Egg prices are finally falling back to earth after nearing $5 a dozen earlier this year

The most recent data from the Bureau of Labor Statistics' Consumer Price Index found that egg prices had fallen to about $3.27 per dozen in April, and the Journal reported data from research firm NIQ, which found prices were about $2.70 per dozen by the end of April.

The USDA has reported an increase in the egg-laying hen population across the US of about 5% compared to last May, and a bump of about 1% from April to May, according to the Journal. While the calming of the bird flu outbreak will contribute to lower prices, they may never fall all the way back to pre-inflation prices,earlier this year. This is largely because more farmers are transitioning to what's thought by many to be more ethical forms of egg production, including putting an emphasis on cage-free environments for their hens, which takes up more space and is usually more expensive.

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