Egg prices have dropped for the first time since October, down nearly 13 percent.
The average for a dozen right now is a little more than $5, which comes after hitting a record $6.23 in March, and part of that was due to strong Easter demand.
Despite the drop, prices remain 79 percent higher than this time a year ago.
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manage risk as milk price volatility increases.
AFBF Economist Danny Munch breaks down a new Farm Bureau analysis showing that producers now earn less than 6 cents of every food dollar, as farm input costs continue to squeeze margins.
Recent USDA reports show a steady feedlot supply despite growing consumer demand for beef, ahead of typical seasonal summer trends.
Bigger flocks are rebuilding egg and poultry supply.
Tight supplies are driving stronger early-year cattle prices.
Herd growth and exports supporting dairy outlook.
