ANALYSIS: Shell-Egg Stocks Rise to an Almost Year-Long High Amid Soft Demand, Increased Production
The USDA’s National Weekly Shell Egg Inventory report released yesterday afternoon showed a 10% surge in total stocks on hand—the biggest one-week gain reported since April of 2020 when pandemic restrictions ground the nation’s restaurant industry to a halt. At 1.828 million cases, current stocks are the highest reported in eleven months and 6.1% greater than in the year-ago period. That compares with a year-over-year inventory deficit of 15% just four weeks ago.
So, what’s changed...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.