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Average US retail price for a dozen eggs has doubled from $1.41 a year ago to $2.71. Reporting attributes the rise to a bird flu outbreak in Korea that killed half a million chickens and reduced the foreign egg supply, with US production plateauing.
Tight egg supply from disease losses lifts retail egg prices, but this is a consumer-level story with little direct effect on feed grain or meal prices.
komu.comShelby Lofton, KOMU 8 ReporterMay 29, 2018Not 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.
