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Retail egg prices have risen 38% since November 2023, with a dozen large Grade A eggs costing $3.65 in November. An egg supplier says prices could flirt with the pandemic-era record of $4.82 from January 2023, citing bird flu and seasonal holiday demand.
Bird flu supply losses combined with seasonal holiday demand keep egg prices high, but the effect on feed grain and meal demand is small.
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.