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Average US egg prices rose 8.9% from November to December 2023, according to the consumer price index, after a 2.2% rise the prior month. A dozen grade A large eggs cost $2.51 in December, still well below the January 2023 peak of $4.82.
Renewed bird flu losses in layer flocks are tightening egg supply, and poultry supply tightness supports chicken and related protein prices, which can shift feed demand.
cnbc.comGreg IacurciJan 19, 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.
