**Retail egg prices have stabilized near multi-year lows following the post-2025 recovery in U.S. laying flocks after highly pathogenic avian influenza losses.** The Bureau of Labor Statistics reported a national city-average price of $2.27 per dozen for Grade A large eggs in August 2026, down 36.7% year-over-year and well below the March 2025 peak of $6.23, as expanded supply outpaced demand. Wholesale benchmarks have fallen even further, with large white shell eggs trading around 40–50 cents per dozen in recent USDA reports. This supply-driven decline aligns with trader consensus reflected in the 56% implied probability for a $2.20–$2.30 September print. Key variables ahead include potential feed-cost increases (projected 8% higher) and seasonal fall demand, though no major new HPAI disruptions have materialized to tighten balances.