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Food price inflation has slowed and is no longer outpacing overall inflation. Egg prices, which rose 70.1% earlier in the year, are now down 22.3% as supplies recovered after the deadly avian flu.
Lower retail egg prices reflect rebuilt layer supply, which keeps egg-related feed demand steady. The impact on feed grain prices is limited.
cnn.comAlicia WallaceDec 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.
