
USDA's Chickens and Eggs report showed 285.1 million table egg layers on March 1, down 8.7 million from February and 28.3 million from a year earlier. That is the lowest March 1 count since 2011.
Pullet numbers rose 5.5% year on year, and wholesale egg prices fell to $3.96 per dozen for the week of March 22 from a peak of $8.51 in early March.
The smallest layer flock in over a decade keeps poultry feed demand weak, but rising pullet numbers point to gradual flock rebuilding. Egg price volatility also reflects shifting supply.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
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.