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US shell egg prices reached a record October high of $4.32 per dozen, up 95% since a rally began October 10. The surge follows a fresh wave of HPAI infections that tightened layer supply, alongside strong retail demand.
Sharply higher egg prices reflect acute layer losses, which reduce demand for feed used by layer flocks and signal tight protein supply.
foodmarket.comJamie ChadwickOct 29, 2024After 145 past neutral disease events, Corn moved a median +0.4% over 5 sessions (58% higher; middle half -1.2% to +1.7%), and +0.0% over 20.
After 98 past neutral disease events, Soybean Meal moved a median -0.2% over 5 sessions (44% higher; middle half -1.9% to +1.5%), and -0.4% 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.
