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CoBank reports that recent egg market shocks have made US producers more cautious about converting to cage-free production. Around 72% of the layer flock would need to be cage-free by 2025 to meet food company commitments, but the cage-free share was 15.6% in 2017.
Slower cage-free conversion keeps conventional layer flock levels steady, limiting shifts in egg-related feed demand over the coming years.
capitalpress.comMateusz PerkowskiDec 20, 2017Not 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.
