Fact Check: Eggs are cheaper on average

Fact Check: "Eggs are cheaper on average"

What We Know

The claim that "eggs are cheaper on average" is misleading. Recent data indicates that the average price of eggs has significantly increased over the past year. For instance, in February 2023, the average price of Grade A, large eggs in U.S. cities was reported to be $4.21 per dozen. This price reflects a substantial increase compared to previous years, where prices were much lower. In fact, the average price of eggs has doubled in recent times due to various factors, including supply chain disruptions and increased production costs caused by events such as the avian flu outbreak and the war in Ukraine, which has affected feed prices for hens (source-2).

According to the USDA's Egg Markets Overview, the average "ad price" per dozen of conventional, large white eggs was recorded at $4.94 on March 24, 2023. This represents a significant increase compared to historical prices, which were around $0.90 per dozen in the year 2000 (source-2).

Analysis

The claim that eggs are cheaper on average does not hold up against the current data. The average prices of eggs have experienced a dramatic rise, making them more expensive than in previous years. For example, the USDA reports that the average price of eggs has increased from about 18 cents per egg to 35 cents in the past year (source-2). This increase is attributed to a 10% reduction in the number of egg-laying hens and rising costs associated with feed and transportation (source-2).

In evaluating the reliability of the sources, the USDA's Agricultural Marketing Service is a credible source, as it provides official data on agricultural markets. The New York Times article also presents well-researched information and is a reputable publication. Both sources are reliable and provide consistent data regarding the rising prices of eggs.

In contrast, claims suggesting that eggs are cheaper may stem from outdated information or a misunderstanding of the current market conditions. The data clearly indicates a trend of increasing prices rather than a decrease.

Conclusion

The verdict is False. The claim that "eggs are cheaper on average" contradicts the current market data, which shows that egg prices have significantly increased over the past year. The average price of eggs is at a historic high, influenced by various supply chain issues and increased production costs.