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Cracks in the European Egg Market Deepen as the Bird Flu, Inflation Rage On
Confronted with what some have labeled a “winter of discontent” amid soaring inflation, consumers throughout the European Union appear to be leaning more heavily on eggs as a low-cost source of protein. But while eggs by nature are more affordable than competing proteins, part of their recent affordability is somewhat artificial in nature—not reflective of current market conditions but rather the result of retailers’ unwillingness to pay farmers a sustainable price for their eggs—or to pass those prices on to consumers.
The situation is much the same in the UK. According to Farming UK, the British Free Range Egg Producers Association advised retailers last November and again this February that its members could not continue to produce eggs at a loss and requested a 40p/dozen increase. They warned that there would be a scarcity of eggs going into the Christmas period if the situation was not addressed, but their pleas were largely disregarded. And now, the very shortages they warned of have come to pass. Faced with limited supplies, and in some cases, empty shelves, some of the UK’s largest retailers—Tesco, Lidl and Asda among them—are restricting customers to 2-3 boxes of eggs per shopper, a move that is expected to last beyond Christmas.
CDFA Finalizes Proposition 12 Regulations—What Lies Ahead?
The California Department of Food and Agriculture (CDFA) has finalized the Proposition 12 implementation rules, which can be found here. The finalized regulations are similar to the second modified text, which was released in June of this year.
According to an FAQ on CDFA's website, Proposition 12 is a "ballot initiative passed in 2018 by California voters that prohibits confining farm animals (egg-laying hens, veal calves and breeding pigs) in a cruel manner and prohibits the sale of products (eggs, veal meat and pork meat) from farm animals confined in a cruel manner into California commerce."
The law mandates minimum housing space requirements for breeding pigs, veal calves, and egg-laying hens and was originally set to begin on January 1, 2022. However, a ruling earlier this year delayed Proposition 12 for 180 days after the final rules went into effect...
Vital Farms Announces Expansion of Egg Central Station
Vital Farms’ world-class egg washing and packing facility expected to generate over $300 million in additional revenue and create over 50 high-quality jobs
Today, Vital Farms, a Certified B Corporation that offers a range of ethically produced foods nationwide, announced the expansion of Egg Central Station, its world-class egg washing and packing facility in Springfield, Missouri. The 150,000 square foot facility nearly doubled from its original size, creating additional capacity that will enable Vital Farms to continue growing its pasture-raised egg business. The expanded facility will...
Applications Being Accepted for New Poultry Industry Innovation in Safety & Health Award
The Joint Industry Safety and Health Council is currently accepting applications for a new Innovation in Safety & Health Award program. The program is open to National Chicken Council (NCC), National Turkey Federation (NTF) and U.S. Poultry & Egg Association (USPOULTRY) members and is intended for poultry and egg industry members that have made a significant advancement in operational excellence in a safety and/or health innovation.
Award applications can be entered in the industry categories of Poultry Processing (NAICS 311615), Poultry & Egg Production (NAICS 1123)...
Cal-Maine Foods Reports Third Quarter Fiscal 2022 Results
Cal-Maine Foods, Inc. reported results for the third quarter of fiscal 2022 (thirteen weeks) and 39-week period ended February 26, 2022.
Net sales in the third quarter of fiscal 2022 increased 33.0 percent to $477.5 million compared to $359.1 million in the third quarter of fiscal 2021. The Company reported net income of $39.5 million, or $0.81 per basic and diluted common share, for the third quarter of fiscal 2022, compared to net income of $13.5 million, or $0.28 per basic...
Sanderson Farms Family Farmers Awarded for Sustainability
Three Sanderson Farms family farmers in Texas, Mississippi and North Carolina have been recognized by the U.S. Poultry & Egg Association's Family Farm Environmental Excellence Awards at the International Production & Processing Expo. The awards are given annually to recognize exemplary environmental stewardship by family farmers engaged in poultry and egg production.
"It is a privilege to recognize these family farms for the excellent job they do in being good stewards of their land," said Greg Hinton, outgoing chairman for the U.S. Poultry & Egg Association and vice president of sales for Rose Acre Farms...
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