14 Mar 2022

U.S. egg costs and production prices, february report

A recent report from the "Egg Industry Center" has compiled information about ingredient prices, cost of layer feed, cost of growing conventional pullets, estimated feed cost for conventional eggs...

A recent report from the "Egg Industry Center" has compiled information about ingredient prices, cost of layer feed, cost of growing conventional pullets, estimated feed cost for conventional eggs, estimated egg price by farm and retail, among others to give to industry producers a look about those important details on February egg production.

 

Highlights in the ingredient prices

The corn price for February was $34/ton higher than 2021, which means an increase of 17% compared to the previous year. But, soybean meal was only $6/ton higher in the same period. According to the report, these price differences resulted in a $30/ton or 11% more expensive cost of feed, representing 7 cents/dozen cost of production. All this compared with February 2021.

On the other hand, the differences concerning the previous month (February 2022 vs.  January 2022) indicated that the prices of corn were 5% higher in February while soybean meal prices were 6% higher. Those changes represented 5% more expensive feed and 3% higher egg production cost in terms of feed.

The 5-region average difference (Southeast, Northeast, Midwest, South Central, and Northwest) of corn and soybean meal between January and February 2022 were $11.42 and $24.56 higher on February, respectively.

Therefore, the estimated cost of layer feed considering a reference diet with:

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was $334.40/ton in the Northwest, which indicates $45.63 more than the other four regions. But the average difference for the 5-regions was 13.38 dollars, being the most expensive on February vs. January ($284.52 vs. $297.90).

 

Highlights in the feed costs

The feed cost for the average of the 5 regions related with growing conventional pullets up to 16 weeks was $4.30 on February 2022 compared with $4.22 on January. A similar increase in the feed cost was observed on pullets up to 19 weeks resulting in 0.11 dollars higher on february. 

Additionally, the following tables represent the Estimated feed cost by




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