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Rabobank's global egg analyst expects a bumpy but steady recovery for the egg industry in 2022 after a difficult 2021. He flagged high feed costs, with wheat the most concerning feed ingredient because global stocks remain low.
He also named avian influenza and COVID-19 as ongoing sources of volatility.
Persistently high feed costs and low wheat stocks keep upward pressure on layer feed budgets. This is a forecast rather than a new supply event, so its price impact is modest.
thepoultrysite.comMelanie EppJan 13, 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.
