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A British Free Range Producers' Association commentary says egg sales rose 17% during COVID-19, but producers are selling below the £1.01 per dozen break-even cost. Feed prices have risen, and free range farmers are at the bottom of the list for cost recovery.
Some farm gate sales jumped 400%.
Rising feed prices are squeezing UK egg producers who are not yet recovering costs, which could limit flock rebuilding and future feed demand. Pressure on margins is likely to persist until retail prices rise.
poultrynews.co.ukChloe RyanJun 5, 2020Not enough comparable past events yet for a historical read.
Not 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.
