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The American Farm Bureau Federation reports that US egg production reached about 9.1 billion dozen in 2018, with 7.9 billion dozen for table use. It says supply is ample and retail prices are lower, with a seasonal bump expected ahead of Passover and Easter, and it recounts the recovery from the 2015 HPAI outbreak.
Ample layer flocks keep egg demand for feed soft and retail prices low. The seasonal Easter bump is short-lived and has little effect on feed grain prices.
fb.orgMichael NepveuxApr 17, 2019Not 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.
