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Ohio egg producers are reducing flocks by not replacing aging hens to cut supply after egg prices fell to decade lows. USDA expects egg prices to decline another 5% to 6% this year after a 21% drop in 2016.
Producers cutting flocks will reduce feed demand over time, though the effect on feed prices is modest in the near term.
farmprogress.comJul 19, 2017Not 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.
