![]() ![]() Due to lower product availability, the amount of trailer load sales declined by 10%. As offerings remained limited and supplies declined to a light to moderate level, wholesale prices for graded loose eggs continued to rise sharply, rivalling the spike witnessed in the early phases of the COVID epidemic in April 2020.Īs the Easter marketing season approaches, marketers are concerned about potential supply interruptions due to recent outbreaks of highly virulent avian influenza in commercial flocks. In March 2022, wholesale prices for cartoned shell eggs in the United States continued to rise sharply due to limited availability and light to moderate supply. As per the latest USDA forecast, the wholesale price of eggs is expected to reach 1.70 USD/dozen by the fourth quarter of 2022. The price of Grade A large eggs averaged 2.86 USD/dozen in the domestic market. The spread of highly contagious bird flu destroyed the potent egg-laying poultry chicks and decreased the egg stockpiles in the market, causing the prices to inflate. During the said period, the price averaged 180.19 EUR/100kg.Īccording to USDA, the price of eggs soared around 44% Y-O-Y in the domestic market. According to the European Commission, the prices of eggs soared 22% Y-O-Y in the European domestic market. ![]() Selling an egg below 7 INR/piece is non remunerative for the farmers as they cannot recover the production costs due to the unprecedented rise in the input costs.Ī severe outbreak of bird flu in France and exploding prices of food and feed due to the ongoing geopolitical confrontation are tightening the global egg supply causing the prices to inflate. The prices of farm feed and poultry medicines have shot up by around 80% since the beginning of the year. ![]() This high price is due to the declining production of egg-laying hens due to rising cases of avian flu, inflated feed prices, and worsened weather conditions. In the Indian domestic market, the prices have shot up by 18% compared to the last months. The unabated inflation in the farm and poultry input costs has caused the prices of eggs to explode globally. Get the latest insights on price movement and trend analysis of Eggs in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa). ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |