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Updated USDA Projections for 2017 and 2018 Egg Production

04/16/2018

The USDA Economic Research Service issued an updated April 16th 2018 forecast of egg production. The volume of eggs produced and per capita consumption were increased by 1.5 and 1.2 percent respectively over 2017. Notwithstanding this disparity the benchmark New York price was increased by a third in unit value Production data reflecting 2016 and 2017 should be compared to 2015 which was impacted by the Spring outbreak of HPAI in the upper-Midwest.

 

Parameter

2015 (actual)

2016 (actual)

2017 (revised)

2018 (Projection) Delta ’17-‘18

EGGS

       

Production (m. dozen)

6,938*

7,435

7,677

7,790 +1.5%

Consumption (eggs per capita)

256.3*

275.7

274.2

277.4 +1.2%

New York price (c/doz.)

182*

86

101

136 +34.6%

Source: Livestock, Dairy and Poultry Outlook – April 16th 2018

*Impacted by Spring 2015 HPAI outbreaks. Consumption in 2014, 267 eggs per capita

Subscribers to EGG-NEWS are referred to the postings depicting weekly prices, volumes and trends and the monthly review of prices and related industry statistics.