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A Michigan State University study found that COVID-19 raised US retail and farm-gate table egg prices by about 141% and 182%. Breaking stock prices fell 67% as foodservice demand dropped, and specialty egg premiums fell by as much as 34%.
Shifts from foodservice to at-home consumption change how egg demand reaches producers, which affects layer flock management and related feed demand. The findings do not imply a new price move.
feedstuffs.comKrissa WelshansAug 19, 2020Not 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.
