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The US egg industry recovered from the 2014-2015 avian flu outbreak but faced oversupply in 2016. Cal-Maine and Rose Acre remain the largest producers, and major buyers have pledged a rapid shift to cage-free production.
The 2017 survey counts 313.2 million hens across 63 companies.
Growing flock size against ample supply points to continued low egg prices. The cage-free transition raises production costs over time but does not move feed grain prices much in the near term.
wattagnet.comAustin AlonzoFeb 8, 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.
