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Midwest large eggs, the benchmark for commodity price, closed at $2.16 a dozen on Friday, down about 37% from late July's record high, according to commodity researcher Urner Barry.
Since January, the outbreak has spread to 32 states.
Neon Nettle - Devastating Bird Flu Sends Egg Prices Soaring amid Looming Food Crisis - A dozen of eggs jumped 23% in April compared the month before
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Since Iowa confirmed it latest case of the avian flu May 2 in a backyard flock in Bremer County, at least 16 other outbreaks in eight states have been reported, leading farmers to cull tens of thousands of chickens, turkeys and ducks to slow the spread of the disease, according to the U.S. Department of Agriculture.