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What We Wish For In 2020

12/25/2019

As 2019 draws to a close we should reflect on our good fortune and count our blessings as we

anticipate a new year. This is our wish list for 2020.

 

  • Implementation of the Phase-1 agreement with China raising the prospect of restored

     exports with positive implications for domestic prices

  • Expeditious ratification of the USMCA that will replace NAFTA. Maintaining duty-free

     trade with our neighbors benefits exports of shell eggs and products

  • Resumption of duty-free trade with Japan, a major importer of egg products and other

     nations with whom we can negotiate bilateral trade agreemennts

  • Absence of any catastrophic disease and effective control of erosive infections including

      coryza and colisepticemia that detract from livability and quality. More effective

      vaccines are required.

  • Rational decisions by regulatory authorities concerning environmental and procedural

     regulations, imposed by the FDA and USDA. Appointment and confirmation of

     competent scientists and administrators in regulatory agencies.

  • Market stability and firming of prices reflecting a growing economy, low unemployment

     but with minimal inflation. Profitability in the egg-production sector will be dependent

     on restoring the balance between supply and demand with more attention to the left

     side of the equation as prospects for increased consumption are limited.

  • Stable feed prices contributing to beneficial margins
  • Finalizing legislation leading to improved availability of foreign workers through a revised

     H3B visa program.

EGG-NEWS wishes subscribers and the industry it serves a prosperous 2020. Gratitude

is extended to our sponsors who have supported the weekly newsletter.