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Cal-Maine reported that its average egg selling price fell to $1.59 per dozen in the latest quarter from $2.28 a year earlier. The company said prices are normalising as the egg supply recovers from the avian flu outbreak.
Falling egg prices as supply rebuilds signal weaker poultry market returns and reduce pressure on poultry-related feed demand.
wsj.comGeorge StahlOct 3, 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.
