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ANALYSIS: US Shell Egg and Breaker Markets Drift Into Rare Price Divergence
The relationship between Midwest large shell eggs and 48–50 lb. breaking stock has diverged sharply in recent weeks, producing one of the most unusual relative price relationships observed in the historical data set.
As of March 12, Midwest Large closed at $1.77/dozen while breaking stock remained pinned at $0.21/dozen. At that level, breakers are valued at just 11.3% of the shell egg market, meaning shell eggs are trading at nearly nine times the value of breakers. A review of historical...
EU Egg Market Sentiment Heading Into Summer
As the EU egg market moves into the summer period, sentiment is becoming increasingly two-sided. Summer is traditionally marked by a seasonal slowdown in trading activity, as consumer habits shift and production schedules ease.
This seasonal dip has already begun to take hold, with buying interest noticeably subdued throughout May. However, the usual expectations of softer summer demand are being weighed against a backdrop of heightened supply-side risk. Concerns over future availability, particularly following avian influenza-related flock reductions in Poland—are beginning to shape market psychology...
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