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Egg inventory has rebounded strongly and is larger than in 2020 and 2021, easing supply pressure after 2022's HPAI losses. Holiday baking demand typically causes a short seasonal rise in egg prices.
Prices reached as high as $5.30 per dozen during the 2022 holiday period.
Ample egg supply limits price upside and keeps layer feed demand steady, so the effect on feed markets is minor.
aces.eduDec 12, 2023Not 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.
