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US retail shell egg prices reached record highs this summer, following earlier record highs in egg products. Highly pathogenic avian influenza was the main driver, cutting flock numbers and shell egg inventories to about 18% below a year earlier.
Shrinking layer flocks reduce egg output and keep prices elevated, while flock rebuilding will gradually ease supply and pressure prices lower.
foodbusinessnews.netCrystal FutrellAug 16, 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.
