Loading…
USDA's Economic Research Service raised its 2017 US egg export forecast by 30 million dozen. The increase reflects avian flu culls in South Korea, which have removed about a third of its layer stock.
Korea set up a tariff-rate quota and a protocol to allow US shell egg shipments.
Stronger export demand for US eggs supports domestic egg prices and draws supply from the US layer flock. The effect on feed grain prices is modest.
thepoultrysite.comGlobal Ag MediaFeb 7, 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.
