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Wholesale Midwest large eggs reached an all-time high of $3.09 per dozen, roughly triple early-March levels, according to Urner Barry. The surge followed pandemic-driven buying after the US president declared a national emergency.
Record egg prices reflect strong consumer demand, but they do not change feed supply directly. Higher egg prices may support layer flock economics and feed demand over time.
reuters.comAndrea ShalalMar 27, 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.
