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Wholesale egg prices fell to $1.22 a dozen on April 26 per Urner Barry, down from a record $5.46 in December. Analysts expect prices could dip below $1 in coming weeks, which would be the first time since July 2021.
Easing bird flu-related supply and weaker seasonal demand are pushing egg prices sharply lower, reducing input costs for egg-based feed chains and signaling bearish pressure on the egg complex.
cnbc.comGreg IacurciApr 27, 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.
