# America Is Flooded With Cage-Free Eggs, But People Aren’t Buying Them

> BuzzFeed reports that U.S. egg producers are losing money at current prices and the industry is producing more than the market needs. Cal-Maine's CEO said cage-free supply exceeds demand, and the company has cut some production, with some observers estimating 6 to 8 million hens must be removed to rebalance supply.

- Date: 2017-06-12 · published 2017-06-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70496-america-is-flooded-with-cage-free-eggs-but-people-aren-t-buying-them
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Industry cutbacks, if they reduce hen numbers, would eventually lower layer feed demand, but the current oversupply keeps near-term egg-related feed demand weak.

## Read by commodity

- CHICKEN: bearish ▼

## Sources

- buzzfeednews.com: https://www.buzzfeednews.com/article/venessawong/theres-an-oversupply-of-cage-free-eggs

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.