# Egg Glut Deepens Problems in Farm Economy

> Cal-Maine Foods, the largest U.S. egg producer, said egg prices fell 30% to about 92 cents a dozen in the quarter ended August 31, cutting its sales 29% year over year. Oversupply from too many laying hens is pressuring the egg market.

- Date: 2019-09-30 · published 2019-09-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/57073-egg-glut-deepens-problems-in-farm-economy
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Egg oversupply and low prices squeeze producer margins and can lead to flock reductions over time, which would ease demand for feed; the near-term effect on feed grain prices is modest.

## Read by commodity

- CORN: neutral

## Sources

- wsj.com: https://www.wsj.com/articles/egg-glut-hurts-nations-top-producer-11569857697?mod=searchresults&page=1&pos=2

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