Abundant domestic egg supply from expanded layer flocks following recovery from 2025 avian influenza losses has kept wholesale prices near multi-year lows near $0.41 per dozen in late September 2026, anchoring retail averages in the $2.20–$2.30 range. BLS city-average data showed $2.27 per dozen in August and $2.19 in July amid 4%+ production gains and minimal new HPAI detections, with feed costs and inventory levels providing limited upward pressure. Trader positioning in the $2.20–$2.30 bin at 49% implied probability reflects this stable supply-demand balance, while narrower probabilities on adjacent ranges capture uncertainty around final September retail prints and any late-month seasonal demand shifts.