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Large US egg prices have surged to a record above $3 a dozen. The increase followed an avian flu outbreak that began in January and has killed more than 30 million commercial and wild birds.
A top egg producer says supply remains tight even as the outbreak slows.
Losses of laying hens have cut shell egg supply to record-high prices, and tight supply is likely to persist for some time. Egg prices are a key input signal for buyers weighing alternative protein costs.
bloomberg.comMichael HirtzerJul 19, 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.
