Egg prices have soared recently. The cost of a dozen eggs has been immensely impacted by the Avian bird flu. This has created panic buying and seen some restaurants institute an “egg surcharge” when customers make their orders.
BetUS is giving folks a chance to defer the cost of buying eggs and other groceries by offering betting odds on the price of a dozen eggs around Easter.
Check out egg prices today and try to factor in some inflationary stats. Or will the prices start to drop as some officials in the Trump administration are saying? Have egg prices reached their peak or is Easter just another reason to scramble the market and send them flying North once again?
Agriculture Secretary Brooke Rollins addressed the challenges recently especially with Easter coming up, saying, “We've got a long way to go in combating the Avian bird flu. It's not something that we can do overnight. It is a long-term effort.
"We're moving into the highest price egg season without Avian bird flu, and that's because Easter is right around the corner."
America’s favorite Sportsbook has set the lines on what the average price of a dozen eggs will be on April 20. There is a range for everyone to shoot their shot when trying to assess what the bird flu egg prices will be.
The window for under $5.50 a dozen is +450. That means if people think the price for a dozen Grade A eggs will be under $5.50 they can bet $100 to win $450.
Other odds include from $5.51-$5.75 (+350), $5.76-$6 (+125), over $6.1-$6.50 (Ev) and over $6.51 (+150).
The average price for a dozen eggs as of March 12 is $5.90. Per the U.S. Bureau of Labor Statistics. These numbers for egg prices near me and others are hard-boiled and calculated by “representatives in the 75 urban areas priced for the CPI.”
One of the interesting factors in egg research is how varied the reports are on where prices are. While Newsweek says the prices are plummeting, the American Farm Bureau counters saying prices in February have never been higher.
This all goes back to the bird flu and its impact on egg prices. The numbers are astonishing: more than 166 million birds have been impacted by HPAI since 2022, and that translates into 127 million egg layers. The loss is about 11% annually. In February alone, the disease led to the loss of 12 million birds.
So, when it comes to betting on the prices of eggs toward the end of next month there are many numbers and factors to consider. It is an in-eggs-act science unless people’s livelihood and government research work depend on the price of eggs today.