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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ASFMRA’s Howard Halderman says several economic and policy issues are continuing to influence the farmland market.
For producers, demand is strong, but drought, disease, and costs still shape supply.
Farmers say weather extremes and rising costs are creating a more challenging season across Georgia peach country.
Tight cattle supplies should keep beef prices supported, while dairy, pork, and poultry are poised for greater production growth.