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The 2024 Top Egg Company Survey counts 338.1 million hens housed by the 63 largest US egg producers as of December 31, 2023, up 9.17 million from the prior year. Cal-Maine Foods leads with 44.51 million layers, and the top 10 control over 54% of the table egg flock.
A larger layer flock points to greater future feed demand from the egg sector and continued supply recovery from bird flu losses, which is bearish for egg prices.
wattagnet.comMeredith DawsonFeb 5, 2024After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% 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.
