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Urner Barry analyst Brian Moscoguiri said US retail egg demand rose about 7 percent through February ahead of Easter. He also cited egg exports recovering toward 2015 levels and egg production down about 1 percent, with cage-free birds laying at lower rates.
Stronger retail demand combined with lower output supports layer feed demand and firm egg prices into spring.
Not 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.