Retail egg prices have stabilized near recent lows due to expanded U.S. table-egg layer flocks reaching 319 million birds and reduced highly pathogenic avian influenza (HPAI) detections through much of 2026, which supported higher production and inventories well above seasonal norms. The Bureau of Labor Statistics reported a $2.27 national average for a dozen Grade A large eggs in September 2026, down 35% year-over-year, while USDA wholesale benchmarks hovered around 35 cents per dozen in late October amid moderate demand. A recent Illinois outbreak affecting under 1 million hens has not yet tightened supplies meaningfully given the scale of national output, though holiday baking season demand and any further HPAI cases remain key swing factors for October resolution. Market-implied odds cluster around the $2.20–$2.30 band, consistent with the trajectory of official data releases.