Loading…
Egg prices in Japan's domestic market have hit a new record high. A Ministry of Agriculture survey from November 19 to 21 put the average price of a 10-egg pack at 312 yen, up 3 yen from September and the highest since the survey began in 2003.
Prices for chicken thigh meat and imported beef are also at record highs.
Bird flu season and year-end peak demand are expected to keep Japanese egg prices elevated, supporting import demand and feed-grain demand for layer rations.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.