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An NWI.Life commentary uses the egg market as an economics lesson, noting that egg prices average a 48% national drop from two years earlier. It attributes the drop to rebuilt flocks after the avian flu outbreak and weaker demand against heavy supply.
Egg prices down sharply signal oversupply in layer flocks, which weighs on demand for feed. This is background context rather than a new price driver.
nwi.lifeApr 3, 2019Not 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.
