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ANALYSIS: US Shell Egg Prices Retreat as Post-Holiday Inventories Build
Shell egg prices have begun to ease in the post-Thanksgiving period, with Midwest large slipping 3cts to $2.58/dozen on Tuesday—the first downward move since late September. While the holiday performed in line with expectations and, in some cases, exceeded them, early December often brings a natural cooling in demand. Many consumers enter the month well-stocked after the long holiday weekend, leaving retailers to pull lighter volumes as they assess sell-through before committing to fresh rounds of replenishment.
These softer retail pulls, combined with...