Orange juice prices face largest decline in 50 years

Prices for common breakfast items, especially orange juice and eggs, have seen significant drops recently. Orange juice prices are on track to experience their largest decline in over 50 years, with a 45% fall anticipated by the end of the month. Prices have dropped from $5 a pound in mid-December to about $2.50 now. This steep decline is attributed to changing consumer habits, with people buying less orange juice. Data shows a 7% decrease in juice sales this season compared to the previous year. Overall, orange juice consumption has halved since the peak in the early 2000s. Egg prices have also sharply declined. They have gone down by more than half in just a few weeks. This drop follows President Trump's efforts to stabilize the market after a substantial culling of egg-laying hens that occurred prior to his administration. With the prices of these breakfast staples falling, consumers can expect cheaper mornings in the near future.