Through the second half of 2025, the U.S. egg market moved from extreme volatility to a rapid correction. After prices spiked in early spring because of severe bird flu losses and tight supplies, the situation changed sharply by late summer and early autumn. Flocks were rebuilt faster than expected, farms restored lost capacity, and supply chains faced fewer disruptions. By October, wholesale values had collapsed at a record pace, falling far more quickly than retail shelf prices. This steep correction happened because inventories reached their highest levels of the year while demand cooled as shoppers shifted to cheaper proteins. Retail prices dropped more slowly, since stores adjusted their labels only after seeing several weeks of stable wholesale conditions.
Across the rest of the world, the picture in H2’25 was mixed but followed broadly similar patterns. Many major producers in Asia, Latin America, and Africa continued expanding their flocks, supported by rising incomes and strong long-term demand for affordable protein. These markets did not experience the same dramatic price crash seen in the U.S., but they did see moderate easing as feed costs fell and international trade flows stabilized. Some countries still faced local supply risks from recurring bird flu cases, yet the overall global market trended toward steadier output and less severe shortages than in previous years. Emerging economies in particular kept driving consumption growth, helping balance temporary imbalances elsewhere.