ANALYSIS: Shell Egg Prices Rise Amid Strong Retail Demand, Seasonal Flock Rotations

After holding steady for more than two weeks, shell egg prices got a push to the upside today amid strong retail demand and...

Cal-Maine Foods Reports Second Quarter Fiscal 2021 Results

Cal-Maine Foods, Inc. reported results for the second quarter of fiscal 2021 (thirteen weeks) and twenty-six-week period ended November 28, 2020.

Net sales for the second quarter of fiscal 2021 were $347.3 million, an 11.5 percent increase compared to $311.5 million for the second quarter of fiscal 2020. The Company reported net income of $12.2 million, or $0.25 per basic and diluted share, for the second quarter of fiscal 2021, compared to a net loss of $10.1 million, or...

ANALYSIS: Shell Egg Prices Drop Amid Lackluster Thanksgiving Demand, Slowing Foodservice

After holding steady for nearly a month, shell egg prices have come under pressure this week amid lackluster Thanksgiving demand and...

ANALYSIS: U.S. Shell Egg Production Climbs as Suppliers Prepare for Seasonal Demand Increases

The USDA’s monthly Chicken and Eggs Report released this afternoon shows the number of hens laying table-type eggs in the U.S. rose...

ANALYSIS: U.S. Breaking Stock Values Surge on Strong Exports, Government Buying

U.S. breaking stock values have surged 41% over the past two weeks, thanks to strong export demand and...

Ovostar Reports Operational Results for the First Half of 2020 

Ovostar Union Public Company Limited, a vertically integrated holding company, one of the leading egg and egg products producer in Ukraine, announced its operational results for the six months ended 30 June 2020.

As of 30 June 2020 the Company’s total flock equaled 8.24 mln hens, including 6.91 laying hens (30 June 2019: 7.56 and 6.51 mln hens respectively).

The volume of eggs produced in H1 2020 was 793 mln demonstarting 1% increase YoY (H1 2019: 782 mln). In the reporting period the sales volume in the egg segment totaled...

PODCAST: Market Update on Eggs with Brian Moscogiuri

This week, Laura sat down with Brian Moscogiuri to cover price fluctuations since record highs in March, rebounding COVID-19 cases impact on demand, cage-free production and trends, and the European egg market reaction to the pandemic...

ANALYSIS: Egg Prices Drop as Retail Demand Slows, Foodservice Supply Floods Market

Shell egg prices dropped below $2.00/dozen for the first time in four weeks yesterday, amid increased supply from the foodservice sector and...

ANALYSIS: Shell Egg Prices Coming Under Pressure as Foodservice Demand Slows, Frees Supply

After a more than three-week rally that saw prices surge to record-high levels, the shell egg market has come under pressure amid shifting demand patterns. Just as retail demand...

ANALYSIS: Shell Egg Prices Soar to Record High Levels as COVID-19 Demand Persists, Inventories Drop

U.S. shell egg prices soared to fresh all-time highs today, as retail demand continues to come in at levels never-before seen due to COVID-19. The early round of buying witnessed a few weeks ago was...

ANALYSIS: Cage-Free Production Declines for First Time Since USDA Began Tracking Data

The number of cage-free laying hens in the U.S. dropped by 1.2 million head in January, marking the first time since August of 2016, when the USDA began tracking cage-free production, that the national cage-free flock has...

ANALYSIS: US Table-Laying Hen Flock Climbs to Near-Record Level

U.S. egg production totaled 9.8 billion during December 2019, up 4% from last year, according to the USDA’s monthly Chicken and Eggs report released this week. The number of hens laying table or market type eggs rose to...