ANALYSIS: Cage-Free Price Dynamics Hint at Transition, but Market Remains Soft
The cage-free egg market continues to experience modest downward pressure this week, although a shift in negotiated values is beginning to take shape.
Since late February, cage-free quotations have been on the decline, falling by more than 50% from a record high of $9.86/dozen to $4.92/dozen as of Thursday. This decline has been predominantly driven by a significant reduction in consumer demand, influenced by price sensitivity among shoppers.
At the market’s peak, Circana scanner data reported the average...
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