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ANALYSIS: Cage-Free Price Slows Descent, First Signs of Consumer Relief Underway
Expana’s cage-free large quotation has continued to decline this week, albeit at a slower pace to last, dropping to $5.83/dozen Thursday. This marks a 41% decrease since the market peaked at $9.86/dozen in late February.
Weak retail demand remains the primary force behind declining wholesale values, as inflation-weary consumers continue to push back against high shelf prices. In response, grocers have scaled back their orders to better align with sluggish sales, leaving suppliers scrambling to offload surplus inventory. As recently as...
ANALYSIS: US Cage-Free Egg Prices Plummet Amid Consumer Pushback
Cage-free egg prices are retreating considerably, closely tracking the steep declines in the conventional market. Expana's cage-free white large soared to a record high of $9.86/dozen in late February before plunging to $6.93 per dozen—and the slide does not appear to be over, as demand is faltering under the weight of historically elevated pricing.
Retail demand for cage-free eggs had surged in recent months, largely driven by contract-based pricing, commonly used in this category. Retailers scrambled to secure...
Pennsylvania State Police Investigating Egg Heist
Pennsylvania State Police are working to crack the case of a large egg heist, reported Fox News. Approximately 100,000 eggs were stolen from the rear portion of a Pete & Gerry’s Organics distribution center in Antrim Township, PA just south of Greencastle.
The number of eggs stolen would be roughly one-third of a full load, according to Ryan Hojnowski, an Egg Market Reporter for Expana.
This news comes at a time when egg prices are setting and breaking all-time highs almost weekly. Largely, the high price of this staple kitchen commodity...
The Shift to Cage-Free Egg Production in the EU
The European Cage-Free Egg Commitment marks a transformative era in animal welfare and corporate responsibility within the food industry. This movement, fuelled by rising consumer demand for ethical practices and advocacy from animal rights organizations, is redefining egg production across Europe. Leading retailers, producers, and food service providers have pledged to eliminate caged systems, setting a new standard for sustainability and ethical agriculture.
The European Union has achieved substantial milestones in the transition to cage-free egg production, with over 50% of laying hens...
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