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Table egg markets edged higher the week before, after three weeks of declines. No table egg layer or pullet flocks have been hit by avian flu since mid-January.
The March 1 table egg layer inventory fell from February, only the third such decline in seven years, which suggests USDA supply forecasts may be overstated.
A smaller laying flock than USDA projects would support egg prices and could reduce future demand for layer feed.
datumfs.comDavid MaloniMar 29, 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.
