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USDA data showed US egg production fell 4% year on year in November to 8.92 billion eggs. Table-egg layers were down 3%, with about 375 million layers on December 1 after further declines.
Lower layer numbers reduce egg output and support higher egg prices, but the effect on feed commodity markets is minor.
foxbusiness.comGreg WehnerDec 30, 2024Not 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.
