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Egg prices have been volatile since the fourth quarter of 2023 because of HPAI, with February 2024 prices reaching record highs for the month. Spot prices fell sharply at the end of February as supply recovered, ahead of an early Easter.
Analysts warn that wholesale prices could rise again if recent increases continue, and the HPAI risk remains unresolved.
Unpredictable layer losses keep egg demand and retail pricing unstable, with limited direct effect on feed grain or meal prices.
foodinstitute.comChris CampbellMar 4, 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.
