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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The idea of buying more beef from Argentina does not sit well with much of farm country, raising some questions from analysts and producers.
Imported lean beef continues to play a critical role in U.S. hamburger and ground-beef production, with any added volume from Argentina serving as a supplement — not a market overhaul.
R-CALF USA CEO Bill Bullard joins Market Day Report for his insight on the USDA’s plan to strengthen the U.S. beef industry.
Until a phased reopening is inked, plan for tighter feeder availability, firmer basis near border yards, and continued reliance on domestic and Canadian sources.
American Farm Bureau Federation (AFBF) economist Bernt Nelson provides an updated outlook on the current U.S. cattle market.
Sen. Roger Marshall: ‘I’m Begging Everyone to Take a Breath’ on High Beef Prices, New Import Markets
Sen. Roger Marshall explains which types of beef are imported into the United States, how there’s room for new imports, and logical reasons for current high prices.
