US Shell Egg Prices Slip as Cage-Free Large Drops 18 Cents
Updated
Updated · IndexBox, Inc. · May 22
US Shell Egg Prices Slip as Cage-Free Large Drops 18 Cents
1 articles · Updated · IndexBox, Inc. · May 22
National FOB shell egg prices were steady to lower on May 22, with cage-free white Large eggs posting the sharpest drop—down 18.00 cents to 37.00 cents per dozen.
USDA AMS described the market undertone as steady to weak, with retail demand light to fairly good, loose egg movement light to occasionally moderate, and supplies moderate to fully adequate.
Caged white prices also eased: Extra Large fell 3.16 cents to 26.84 cents per dozen, Large slipped 0.99 cents to 35.36 cents, and Medium declined 1.58 cents to 21.02 cents, while brown Large held at 45.00 cents.
California delivered prices were mostly lower as well, with cage-free Large down 8.31 cents to 44.41 cents and Extra Large down 5.46 cents, though Medium rose 4.21 cents; Jumbo and Medium remained the tightest supply categories.
Regional negotiated shell-egg movement totaled 46,802 cases, led by 28,716 cases from the Midwest, while national caged white Large prices remained far below the 291.60 cents per dozen recorded a year earlier.
With farm egg prices collapsing, why haven't retail prices for consumers dropped even more drastically?
As farmers sell eggs below production cost, is the American egg industry facing an extinction-level event?
Will endless price volatility finally push food giants to abandon real eggs for synthetic alternatives?