ANALYSIS: Cage-Free Price Decline Grinds to a Halt
Cage-free egg market movement has stalled following a 41% drop to $5.78/dozen in March. Now that supply volumes are more closely aligned with renewed consumer demand, most activity is occurring near supportive levels – a dramatic change in pace given the market's recent volatility.
Retail demand has started to pick up this week, driven in part by modest declines in shelf prices. Most notably, upcoming April features have led some retailers to pull well above average volumes from suppliers, reducing the amount of product available on the open market...
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