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Egg producers in Darke County, Ohio, are cutting back flocks to adjust to oversupply, while retail eggs sell for as little as 49 cents per dozen. An Ohio Poultry Association official says supermarkets use eggs as loss leaders, and the market is depressed.
Flock reductions by producers will gradually lower layer feed demand, though the impact on feed prices is limited for now.
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.