This year’s Easter egg hunts may be a bit more fun and a lot less pricey.

After getting shellacked by last year’s surge in egg prices, families heading into Easter this spring are finding that one of the season’s essential items is no longer quite so punishing at the grocery store. The drop has been sharp enough to be felt not just by economists and retailers, but by parents planning brunch, filling baskets, and deciding how many eggs they can afford to dye, hide, and inevitably discover days later under the couch.

The turnaround is striking. In the producer price index for eggs for fresh use, prices in February were down 80.4 percent from a…

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