Fact Check: "Egg prices are 400% down."
What We Know
The claim that "egg prices are 400% down" is misleading. According to the USDA's Egg Markets Overview, the wholesale price for large, white shell eggs has indeed seen a significant decline, but the figures do not support a 400% decrease. The price of eggs peaked at around $8.17 per dozen in early 2025 and has since dropped to approximately $2.52 per dozen, which represents a decrease of about 61% rather than 400% (as noted by Fox Business).
In fact, the assertion of a 400% drop appears to be a misinterpretation or exaggeration of the actual percentage decrease. The USDA data and various reports indicate that while there has been a sharp decline in egg prices, it is far less than the claimed figure.
Analysis
The claim of a 400% reduction in egg prices lacks factual basis and is not supported by reliable data. The Forbes article highlights that egg prices have fluctuated significantly, with a notable drop from $8.17 to $4.90 per dozen in early 2025, which is still a substantial decrease but not anywhere near 400%.
Moreover, the San Francisco Chronicle points out that the actual decrease from the peak price to current levels is approximately 68.9%, which is still a far cry from the 400% figure. The source of the claim appears to be a miscommunication or miscalculation, as it is not mathematically possible to have a 400% decrease in price from a positive value.
Additionally, the indy100 article discusses Trump's comments regarding egg prices, indicating that he claimed they were down by 30% since he took office, which also contradicts the 400% assertion. This inconsistency suggests that the claim may be an exaggeration or a misunderstanding of the actual price trends.
Conclusion
Verdict: False. The claim that "egg prices are 400% down" is not supported by factual data. The actual decline in egg prices, while significant, is around 61% from their peak, which is far less than the stated figure. The misrepresentation of the percentage decrease likely stems from a misunderstanding or miscommunication regarding the actual price trends.
Sources
- Egg Markets Overview - June 06, 2025
- Price of eggs has dropped 61% since Trump took office
- Egg Prices Have Dropped Sharply—But There's More To The Story
- Prices for gas and eggs have dropped. What's going on?
- Egg prices fall for the first time in months, but still remain high
- Trump just claimed egg prices are down 400 per cent
- When will egg prices come down?
- US Egg Prices and Costs 2023
