Food prices are the end of the chain. Just like whipping up the start of the chain, the wave needs to make it to the end.
At an extremely high level, Fuel prices need to go down. These lower fuel prices need to get to the farmers who are using machinery to grow the feed (raising feed prices), heating and powering the chicken housing and processing equipment, and the trucks used to haul those eggs to the store.
Then the cost of labor needs to go down. This will be harder, but a lot of the artificial increase of minimum wage has jacked up labor costs across the board. That 16 year old cashier now making $20 an hour needs to be paid, that price gets added by the store. Mechanic at the processing plant who used to make $20 an hour when min wage was $8? well he's demanding more.
Then taxes need to be reduced. If the farmer has more money for expenses and to live, he wont need to charge as much for the eggs, and all the way up the labor force. Then the taxes on the store selling the eggs goes down, they wont have to charge as much.
These are a big 3, but all of these need to go down and reach the farmer, then they need to reach all the way back up the supply chain to the consumer.
A lot of goods that were cheap but skyrocketed were due to the cost of energy/fuel. You see this most in Eggs, Milk, Soft Drinks, Grain and Meat. You did not see the massive increase in consumer goods as so much of it is made overseas and they did not have the same economic ruination as the US experienced in the areas of fuel, taxes/regulations, and artificially increased minimum wages. China and Mexico for instance were still burning cheap fuel, market cost labor etc.
TLDR: Cheap eggs are coming. GIve it March, just in time for some green eggs and ham for St Pat's.
