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A University of Kentucky poultry extension professor attributes higher egg prices mainly to avian flu, which has led to depopulation of about 12 to 13 million hens. He also points to a shift from caged to cage-free production, which is changing market adjustment.
Egg prices reached $4.82 a dozen in January 2023 before falling and creeping up again from last fall.
Large hen depopulations reduce layer numbers and support egg prices, and the shift to cage-free systems could change long-term layer feed demand.
weku.orgMar 5, 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.
