Why did egg prices increase so quickly, and why are they falling so quickly again (at least at the wholesale level for now)? I try to explain in my latest Cato post
Egg Prices Don’t Need to Be Investigated—It’s Just Supply and Demand
Egg prices have skyrocketed, but before jumping to conclusions about market manipulation, the reality is simple: It’s supply and demand, with avian flu decimating the egg-laying chicken population and inelastic consumer demand driving prices even higher.
cato.org