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U.S. Egg Market Retreats from Seasonal Highs as Rising Shelf Prices Stifle Demand
A sharp rise in retail shelf prices across the U.S. has stifled consumer demand for eggs, bringing an end to a six-week rally that had pushed wholesale values to record highs for this time of year...
ANALYSIS: Industry Egg Prices Stabilized in the EU
Over the past two years, egg processors in the EU have endured fluctuating costs of raw materials, influenced by significant external factors that disrupted the balance between shell egg supply and demand. However, despite this volatility, prices for broken eggs have remained relatively steady for eight consecutive months. Since mid-September, values have fluctuated only slightly, ranging between 1.52 and 1.65 €/kg.
The stability in egg prices can be attributed to several factors, including favorable supply conditions during the winter without any significant disruptions from avian influenza...
Bird Flu Has Infected a Second Commercial Egg Layer Farm
After an almost 11-month lull in detections, industry sources tell Urner Barry that high-path avian influenza (HPAI) has infected a US commercial egg layer flock for the second time in as many weeks. The latest outbreak is said to have occurred in Iowa, which is home to approximately 45 million laying hens, making it the nation’s largest egg-producing state.
Last week, the USDA Animal and Plant Health Inspection Service (APHIS) confirmed that a 940,000-bird farm housing mostly conventional hens...
Cal-Maine Foods, Inc. to Acquire Egg Production Assets of Fassio Egg Farms, Inc.
Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today announced a definitive agreement to acquire substantially all the assets of Fassio Egg Farms, Inc. (“Fassio”), related to its commercial shell egg production and processing business. The assets to be acquired, subject to the completion of this transaction, include commercial shell egg production and processing facilities with current capacity of approximately 1.2 million laying hens, primarily cage-free, feed mill...
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