Egg prices have plummeted. That’s great news for consumers — and a crisis for farmers. | CNN Business

New York  — 

Egg prices have been plummeting.

That’s great news for American shoppers, but bad news for American farmers.

The average price of a dozen eggs at the grocery store is $2.58, according to the Bureau of Labor Statistics. That’s about half of what many consumers were paying a year ago.

Bird flocks have been on the rebound after last year’s avian flu outbreak, but that has farmers suddenly selling at a loss.

“Our farmers have traded one crisis for another,” said Emily Metz, president and CEO of the

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