The Southeast large market average price for conventional eggs for the fourth quarter of fiscal 2020 increased to $1.71 compared to $0.86 for the fourth quarter of fiscal 2019, with a high of $3.18 and a low of $1.02. Subscribers are referred to weekly USDA wholesale and retail prices posted in the EGG-NEWS Egg Price and Inventory Report E-mailed each Friday. Units: Pence. The USDA GAIN Report MX2020-0042, dated August 15th 2020, estimates annual production in 2020 at three million metric tons including both shell eggs and egg products, corresponding to 50.1 billion dozen. Even if you choose not to have your activity tracked by third parties for advertising services, you will still see non-personalized ads on our site. Shell eggs shipped to Canada represent the difference between domestic demand and production, limited by a national controlled marketing system that reduced farmers’ quotas. Average selling price of specialty eggs calculated from data released: $1.93 cents per dozen; ($1.80 per dozen; +7.2%). These states represent approximately 22.9 percent of the U.S. total population according to the U.S. Census Bureau. The discrepancy between production and consumption in 2020 will be partly offset by the substantial but transitory rise in price in March and April. 52-Week Range in Share Price: $30.74 to $46.65 50-day Moving average $43.67, Market Close Friday July17th $44.18. You can find much more information about your privacy choices in our privacy policy. For comparison in FY 2019 Net earnings attained $54.2 million on sales of $1,361million with and EPS of $1.12. All Rights, Dozen shell eggs sold: 282,422,000 (254,722,000; +10.8%). The volume of eggs to be produced in 2020 was unchanged from the September report. Ending stocks were decreased by 21.5 percent or 465 million bushels to 1,702 million bushels. Soybeans will be harvested from 82.3 million acres, unchanged from the October 9th WASDE report. USDA anticipates the U.S. remaining the major supplier to Mexico, especially with the finalization of the USMCA. The corn acreage to be harvested is currently estimated at 82.5 million acres, unchanged from the October 9th WASDE report. *Assumes that 98 percent of sales value derived from shell eggs. "Specialty eggs are an important part of our growth strategy, and we strive to provide a favorable product mix in line with consumer demand. At 93.7, the Crop Production Index was up 1.3 percent from last month and 5.9 percent from September 2019. Mexico purchased 23.0 million dozen, representing 35.3 percent of volume and 28.5 percent of total U.S. shell egg export value with a unit price of $0.73 per dozen. During August exports resumed with 3.2 million dozen shipped followed by 4.2 million dozen in September. Note 1. Series from Average Price Data. The previous Monthly Cage-Free Report is available under the STATISTICS Tab. Prices for Eggs, 1935-2020 ($20) According to the U.S. Bureau of Labor Statistics, prices for eggs were 474.93% higher in 2020 versus 1935 (a $94.99 difference in value).. Soybean farmers received $9.24 per bushel in September 2020 compared to $8.35 per bushel in September 2019, up 10.7 percent. After three fiscal quarters characterized by an oversupply of eggs and depressed market prices, demand for eggs increased and market prices rose 62.4 percent during our fourth fiscal quarter over the average price for the first three quarters, as consumers purchased more eggs for preparing meals at home in response to the COVID-19 pandemic. C-M received $2.4 million in CARES funding. Enter a country name. According to the GAIN report, eggs have undergone a marked increase in price from mid-2019. The following table summarizes the results for the period compared with the values for the corresponding quarter of the previous fiscal year (Values expressed as US$ x 1,000 except EPS).

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