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Texas A&M AgriLife economist David Anderson says retail egg prices are falling as supplies rise while demand weakens after Easter. Retail eggs were $2.74 per dozen in mid-April and were expected near $1.08 per dozen, against a January peak of $4.82.
Rebuilding of the layer flock raises egg output and reduces egg demand, which tends to lower layer feed demand for corn and soymeal.
agrilifetoday.tamu.eduAdam RussellMay 24, 2023Not enough comparable past events yet for a historical read.
Not 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.
