Recent U.S. retail egg prices, which averaged $2.27 per dozen in August 2026 per Bureau of Labor Statistics data, reflect an oversupplied market following rapid layer flock recovery after 2025 highly pathogenic avian influenza losses. This shift from shortage to abundance has driven wholesale benchmarks to roughly 40-46 cents per dozen in late September, well below production costs amid rising feed expense projections. Month-over-month retail gains of 3-4% through August have positioned the $2.20-$2.30 range as the market-implied consensus, though higher corn and soybean meal costs could exert upward pressure if inventories tighten before year-end resolution. Trader positioning incorporates these supply dynamics against stable consumer demand.