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US table egg production has recovered from the 2015 avian influenza outbreak and is now above pre-2015 levels. Hens are forecast to produce 8.7 billion dozen eggs this year, and prices appear to be returning to normal.
Growth in output has followed the price recovery.
Rising supply is pushing egg prices back toward normal, which is bearish for egg producers and reduces incentive for further flock expansion. Stable production also supports steady feed demand.
fb.orgNov 9, 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.
