Easter eggs this year are 41 percent less expensive than last year

The Easter Bunny better stock up on eggs.

A new survey by the American Farm Bureau Federation has found that the average retail price for a dozen is just $1.32 – or 41 percent less than last year.

Food prices are down overall according to the group’s annual Spring Picnic Marketbasket survey, but eggs have had the sharpest drop by far. Cage-free eggs will cost you, however, at $3.48 per dozen.

“Egg prices continue to move back toward long-run average prices following the bird flu of 2014/15,” said John Newton, director of market intelligence for the group.

The survey looks at the cost of 16 food items that could be used to make a meal, like chicken breast, bagged salad, potatoes and vegetable oil.

The total cost of the “basket” is $50.03, down 6 percent from last year, or about $3.25.

Four kinds of foods did get a little more expensive — white bread, bagged salad, orange juice and whole milk — while vegetable oil remained the same at $2.55 for a 32-ounce bottle.

AFBF has been conducting these quarterly price surveys since 1989.

This story was originally published April 12, 2017 at 6:51 PM with the headline "Easter eggs this year are 41 percent less expensive than last year."