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US wholesale egg prices returned to profitable levels in fall 2017 after record highs following the 2015 bird flu losses. Layer flock expansion and cage-free pledges are driving a significant increase in flock numbers, and USDA projects a 2.1% rise in eggs available in 2018 with flat-to-slightly-higher prices.
Rising layer numbers and a projected supply increase point to softer egg prices, which can weigh on feed demand from layer operations if the expansion continues.
wattagnet.comTerrence O'KeefeJan 11, 2018Not 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.
