Egg prices have hit consumers hard in recent weeks, and those increases caught the attention of the White House and led to a billion-dollar plan from USDA.
While wholesale prices are down significantly in the last month, USDA analysts say the data is still playing catch up, and it could be some time before anyone feels relief.
“So we’re really incorporating that into the new forecast. It suggests egg production is tightening up by about 75 million dozen relative to where we were in February, so that’s tighter production really through the third quarter of this year, where after that we would expect it to rebound, assuming no new cases of HPAI,” said Mark Jekanowski.
Egg prices are off the highs we saw a couple of weeks ago, but Jekanowski says the market is still very volatile. USDA has wholesale prices this week for large white eggs at $4.15 per dozen.
Prepare for softer milk checks into winter, watch cull-cow values and timing, and stress-test cash flow as product prices recalibrate.
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While there has been an increase in outbreaks of Highly Pathogenic Avian Influenza (HPAI) this migration season, the CDC says the public health risk is low.
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Shaun Haney, Host of RealAg Radio, discusses President Trump’s move to halt trade talks with Canada and Mexico over a commercial about tariffs launched by the Government of Ontario.
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Input costs are top of mind for farmers, as they contribute to higher prices and smaller profits.
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The President’s trip to Asia this week follows a trade mission by the Iowa Soybean Association. Farmers say they were reminded that U.S. soybeans have an international reputation that can be easy to take for granted here at home.
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Jacob Wheeler and Dustin Connell of Team O’Reilly Auto Parts capped off an unforgettable week on the Alabama pro’s home waters with a dominant performance on Monday, cruising to a win at the Folds of Honor Patriot Cup Presented by B&W Trailer Hitches on Logan Martin Lake.
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