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USDA's Economic Research Service reports wholesale egg prices have fallen sharply from 2022 record highs as the laying flock recovers from avian flu losses. The average price was $1.23 per dozen in the week ending June 30, 2023, about 77% below the 2022 peak, and inventories were about 24% above the 2022 low.
Rebuilt egg-laying flocks and higher inventories mean ample supply and lower egg prices, while summer demand is expected to stay flat, so limited price swings are likely. For feed buyers, lower layer flock prices reduce the pull on layer feed demand.
poultryproducer.comJimJul 12, 2023
ers.usda.govJul 11, 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.
