Consequences of historic high egg prices
The most recent Rabobank report indicated that egg prices worldwide have highly increased, which has affected the egg supply...
The most recent Rabobank report indicated that egg prices worldwide have highly increased, which has affected the egg supply.
It is expected for 2023 that prices will stay high, particularly in markets impacted by different situations such as:
- avian flu,
- high costs, and
- regulatory changes
However, in other markets, "there will be some drop in prices, but not to pre-2021 levels, as lingering high input costs are keeping prices higher."
Among the tools to stabilize markets, these could be work in better value chain cooperation, specifically creating a greater commitment from buyers to offset farmers' high production risks. The other tool is controlling avian influenza in the most hit countries.
High prices shaking up Global Egg Supply Chains:
Egg prices have reached record levels in many markets. For example, Rabobank's global egg price monitor hit a new record high in the first quarter of 2023, with the index now peaking at 250, meaning
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