ANALYSIS: U.S. Egg Prices Stabilize After Sharp Decline, Amid Strong Canadian Demand, Retail Uptick
Friday marked the end of a four-week decline in U.S. shell egg prices, during which Midwest Large fell by a staggering 51.1%, settling at $2.12 per dozen. This drop came amid weak retail demand and increasing production levels. Throughout the summer, many of the nation’s largest retailers had employed eggs as a loss leader, boosting unseasonably strong demand as inflation-conscious consumers sought affordable, high-protein food options.
Summer is typically a period of reduced production, as egg producers cycle...
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