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The USDA Economic Research Service lowered its 2023 table-egg production forecast because of slow layer flock growth and late-November HPAI detections. It raised 2022 and 2023 wholesale egg price forecasts and adjusted broiler and turkey export and import figures.
A lower egg production outlook with higher price forecasts signals continued tightness in egg supply, while turkey production cuts reflect HPAI losses.
thepoultrysite.comMelanie EppDec 1, 2022Not 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.
