Loading…
Some U.S. stores are running short of eggs, particularly in states requiring cage-free eggs, as HPAI flares again. Losses of 2.8 million birds in October followed two months without outbreaks.
USDA's Economic Research Service says egg production fell 2.6% in October from a year earlier and is projected to be down 1% in 2024.
Cage-free supply constraints can cause localized shortages and sharp retail price spikes ahead of the holidays. Continued production declines support higher egg prices into 2025.
cbsnews.comKate Gibson Reporter, MoneyWatchDec 1, 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.
