On September 19th 2025 the USDA Economic Research Service (ERS) issued actual values for egg production during 2024 with an updated projection for 2025 and a forecast for 2026. Production, consumption and prices were revised from the previous August 18th 2024 report.
Projected egg production for 2025 was adjusted downward from 7,737 million dozen in 2024 by 4.4 percent to 7,398 million dozen due to progressive depletion of hen flocks as a result of HPAI through Q1 2025 with incident cases occurring subsequently in April and May totaling 36.2 million hens. The per capita consumption of shell eggs and liquids combined for 2025 will be 262.0 eggs, down 9.6 egg equivalents (-3.5 percent) from 2024. The projected average 2025 benchmark New York bulk unit price was raised 101 cents over 2024 to 404 cents per dozen. On September 19th the price was 229 cents per dozen reflecting increased supply to that market. Subsequent USDA projections will provide greater clarity on the recovery in consumption in an economy that is undergoing deflation in all food categories with the outstanding exception of eggs.
Restoration in flock size after HPAI depletions in 2022 progressed at a net rate of approximately 1.0 million per week. Placements were limited by the availability of pullet chicks and for some producers by the rate of conversion to alternative housing systems. Restoration of the national flock was compromised by a resurgence of HPAI with 40.0 million layers depleted during 2024 but with replacement averaging 24 million pullets per month. On January1st the total egg-producing flock was estimated by USDA to be 304 million hens, 22 million or 6.8 percent below the nominal flock averaging 326 million hens during 2021 before the onset of the ongoing HPAI epornitic. Effective September 15th the total national flock attained 300.8 million, approximately 25.2 million (-7.7 percent) below the pre-HPAI level. The productive flock was estimated by the USDA to be 293.5 million on September 7th. Cage-free flocks attained 136 million or 45.2 percent of the total. In their September report The Egg Industry Center forecast a total flock of 319.6 million at the beginning of December. Unpredictable factors affecting flock size and hence price will include consumer demand as influenced by recently lower shelf prices and the extent of possible losses during the early winter of this year.
Exports of eggs and products at approximately 1.8 percent of total production over the first half of 2025 did not materially affect the domestic price. The U.S. is currently a net importer of egg products and shell eggs for breaking. Future export volume will be constrained by high domestic prices, international competition and disease-related embargos.
The USDA forecast for 2026 includes production of 7,950 million dozen, up an optimistic 7.5 percent from 2025. Projected consumption will be 276.4 eggs per capita. This forecast presumes substantial control of HPAI and an adequate supply of replacement chicks and pullets. These are both speculative assumptions in the absence of approved vaccination in high-risk areas. The increase, if it were to become reality would depress the NY Large benchmark price to an average of $2.11 per dozen compared to the 2025 value of $4.04 per dozen for conventional Large white-shelled product in cartons.
Updated September 2024 USDA data is shown in the table below:-
|
Parameter
|
2022*
(actual)
|
2023
(actual)
|
2024*
(actual)
|
2025*
(projection)
|
% Difference
2024-2025
|
|
2026
(forecast)
|
|
|
|
|
|
|
|
|
|
|
Production (million dozen)
|
7,825
|
7,864
|
7,737
|
7,398
|
-4.4
|
|
7,950
|
|
Consumption (eggs per capita)
|
280.5
|
279.3
|
270.6
|
261.0
|
-3.5
|
|
276.4
|
|
New York price (c/doz.)
|
282
|
192
|
303
|
404
|
+33.3
|
|
211
|
*Data influenced by HPAI losses.
Sources: 1. Livestock, Dairy and Poultry Outlook released September 19th 2025