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US shell egg prices have risen sharply since early June through the July 4 holiday. Industry analysts attribute the increase to seasonal demand patterns, a reduction in production from high heat in key Midwest areas, and heat stress on hens.
Retailers are not promoting eggs because supply is limited.
Heat-induced output losses and low hen numbers are keeping egg supply tight, supporting prices through the summer. Layer feed demand may be affected if flock sizes stay reduced.
wattagnet.comMeredith DawsonJul 9, 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.
