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Egg prices rose 70.1% over the past year according to Bureau of Labor Statistics data, with a New York deli reporting that a 120-egg box now costs over $100 versus about $40 previously. Avian flu wiped out 50.54 million U.S. birds in 2022, and labor and supply chain costs also pushed food prices up.
Losses of laying hens tighten egg supply and keep retail and wholesale egg prices elevated, a dynamic that supports feed demand for layer rations while flock losses persist.
cnbc.comMike Winters, Tasia JensenMar 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.
