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US shell egg wholesale prices are falling as flock sizes keep growing, partly to prepare for cage-free production. Retail demand has weakened after supermarkets stopped featuring eggs as loss leaders.
USDA reported large white shell egg prices down 17%, to their lowest since August 2017.
Growing layer flocks and weak egg demand point to lower egg prices and more restrained poultry feed demand in the near term.
meatpoultry.comMatt NoltemeyerMay 30, 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.
