So, like, President Donald Trump was all, “Eggs, eggs, eggs, blame it on Biden!” when ABC News asked him about those pricey eggs, you know? He was all defensive, saying, “It’s not my fault, man!” and then randomly threw in that egg prices are actually down. Like, really? Eggs are eggs, dude.
But hold up, food economists are like, “Um, not really sure why this matters, but let’s talk about these egg prices.” They’re saying that sure, wholesale egg prices have dropped since Trump took office, but retail prices have been on the rise. So, basically, your wallet is still getting hit hard when you’re at the grocery store buying eggs.
And get this, the average price of a dozen eggs went from $4.95 in January to $6.22 in March. That’s like a 25% jump, according to the U.S. Bureau of Labor Statistics. And why? Well, bird flu messed up the egg supply, driving prices through the roof. People still want their eggs, though, so demand is high, you feel me?
So, even though retail prices have been climbing, wholesale prices have been going down lately. It’s all thanks to the bird flu situation getting a bit better. And Trump, in all his wisdom, is talking about this drop in wholesale prices like he’s the egg hero we all needed. But, like, let’s not get too excited just yet, okay? The relief for us consumers might take a bit of time to show up.
There’s this whole thing about contracts between businesses and egg suppliers, locking in prices for weeks. And then there’s the fact that people are still buying eggs, even at higher prices. So, like, maybe grocery stores aren’t in a rush to lower egg prices just yet. Who knows, man?
But Trump, he’s out here throwing around numbers like eggs are stocks or something. He’s saying prices dropped 87%, then 92%, then 87% again. Like, pick a number, dude. According to the USDA, wholesale egg prices went from $6.55 to $3.25 since Trump became president. That’s, like, a 50% drop, not 87%, bro.
So yeah, wholesale prices are down, but not as much as Trump is claiming. And when will we see those lower prices in the store? Who knows, man. It might take a while for that relief to reach us regular folks just trying to make some scrambled eggs for breakfast.
In the end, it’s all a waiting game. We’ll see if those egg prices really come down like Trump says they will. But for now, we might have to keep shelling out more cash for our morning omelets. Just the way the egg cracks, I guess.
