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 acute UAN risk and a brief urea shock; maintain steady ammonia and phosphate plans, and monitor potash basis on the coasts.
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“A government shutdown impacts all Americans and has serious consequences, including for farmers. It just adds additional uncertainty, disrupts critical services.”
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Dave Kestel, a farmer from Will County and member of the Illinois Farm Bureau, joins us to share a boots-on-the-ground update on the 2025 corn harvest.
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American Coalition for Ethanol’s Ron Lamberty shares the significance of California’s approval, opening up the country’s largest gasoline market to a cleaner-burning, often lower-cost fuel option.
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Treasury Secretary Scott Bessent stated this week that the government will intervene to help, following China’s withdrawal from the U.S. soybean market. One trader says the industry will remain in a holding pattern until Tuesday.
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