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ANALYSIS: US Egg Market Defies Seasonal Trends with Post-Easter Stability
The US egg market is showing surprising resilience in the wake of Easter, holding firm at price levels that are typically subject to sharp seasonal declines. Midwest large has remained unchanged at $3.77 per dozen for three consecutive weeks—a stark contrast to the five-year average, which shows April prices falling by roughly 30% during the same period. While there were signs of mounting pressure in the lead-up to the holiday, the market has since stabilized, buoyed by a modest improvement in retail demand and continued strength in cross-border movement to Canada...
Maersk Lifts Guidance as Red Sea Disruption and Strong Demand Continue
Danish shipping company raises full-year guidance for the third time in as many months
A.P. Moeller-Maersk raised its full-year guidance for the third time in as many months as disruptions in the Red Sea and strong container shipping demand continue.
Container operators have been forced to send their vessels on longer routes around southern Africa's Cape of Good Hope to avoid the Red Sea after Houthi rebels began attacking commercial vessels at the end of last year, creating a shortage of vessels and port bottlenecks while...
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