ANALYSIS: Cage-Free Market Finds Stability Amid Down-Packing Dynamics
For the first time since mid-June, our rest-of-market cage-free quote held steady for an entire week at $2.69/dozen. While cage-free demand across the US remains average at best, the ability to down-pack excess cage-free product into conventional channels has provided a temporary floor.
Cage-free production has expanded significantly in recent years, now totaling roughly 133 million layers, or just under half of the nation’s 288 million total layers. Growth has largely been driven by state-mandated...
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