# Producers building shell egg inventory levels

> USDA reports that US shell egg inventories are 23-32% higher year over year, averaging over 910,000 thirty-dozen cases. Wholesale prices held at $1.16 per dozen in November despite typical seasonal increases. USDA left its fourth-quarter wholesale price forecast unchanged.

- Date: 2020-11-18 · published 2020-11-18T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/50166-producers-building-shell-egg-inventory-levels
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Large egg stocks and flat prices point to softer layer demand for feed relative to a normal holiday season. Egg prices are expected to rise only if retail demand picks up.

## Read by commodity

- SBM: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-09-05 | [ICYMI... U.S. inventory of table-egg laying hens grew to its highest levels ever in 2018 \| Economic Research Service](https://feedsoft.ai/events/57072-icymi-u-s-inventory-of-table-egg-laying-hens-grew-to-its-highest-levels-ever-in.md) | -2.8% | +3.3% |
| CORN | 2024-08-13 | [Despite lower production and inventory forecasts in the USDA report, wheat exchange prices fell](https://feedsoft.ai/events/28812-despite-lower-production-and-inventory-forecasts-in-the-usda-report-wheat.md) | -1.2% | +0.1% |
| CORN | 2024-08-12 | [USDA Increases 2024 Corn Production and Demand, Lowers Ending Stocks](https://feedsoft.ai/events/28712-usda-increases-2024-corn-production-and-demand-lowers-ending-stocks.md) | -1.6% | +1.4% |
| CORN | 2018-12-03 | [More than 8.0 billion table eggs produced in October - McKeany-Flavell](https://feedsoft.ai/events/61582-more-than-8-0-billion-table-eggs-produced-in-october-mckeany-flavell.md) | +6.8% | +8.4% |
| CORN | 2020-02-04 | [2020 Cattle Inventory—Herd Expansion Comes to an End - ProAg](https://feedsoft.ai/events/54543-2020-cattle-inventory-herd-expansion-comes-to-an-end-proag.md) | -0.2% | -0.9% |
| SBM | 2018-12-03 | [More than 8.0 billion table eggs produced in October - McKeany-Flavell](https://feedsoft.ai/events/61582-more-than-8-0-billion-table-eggs-produced-in-october-mckeany-flavell.md) | -0.1% | +0.9% |
| SBM | 2018-07-08 | [Record hog and pig inventory forcing prices lower - High Plains Journal](https://feedsoft.ai/events/64198-record-hog-and-pig-inventory-forcing-prices-lower-high-plains-journal.md) | -3.2% | -2.1% |
| SBM | 2020-06-01 | [Tightening egg supply and surge in retail demand pushed wholesale egg prices to record levels in March \| Economic Research Service](https://feedsoft.ai/events/52624-tightening-egg-supply-and-surge-in-retail-demand-pushed-wholesale-egg-prices-to.md) | +2.1% | -0.4% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/livestock-and-poultry-market-news/producers-building-shell-egg-inventory-levels

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.