Updated USDA Projections for 2018 and 2019 Egg Production

10/17/2018

The USDA Economic Research Service issued an updated October 17 th 2018 forecast of egg production unchanged from the previous September 18th report. The volume of eggs produced and per capita consumption for 2019 were increased by 1.7 and 0.5 percent respectively over 2018. Consistent with this disparity the benchmark New York price was reduced by 12.2 percent in unit value Production data reflecting 2016 and 2017 should be compared to 2015, impacted by the Spring outbreak of HPAI in the upper-Midwest. The latest data is reflected in the table below:

 

Parameter 2015 (actual) 2016 (actual) 2017 (actual)

2018 2019 Difference %

(projection) (forecast)

2018 to 2019

EGGS        
Production (m. dozen) 6,938*

7,435

7,677 7,845 7,980 +1.7%
Consumption (eggs per capita) 255.8* 271.6 276.3 270.0 280.3 +0.5%
New York price (c/doz.) 182* 86 101 141 124 -12.2%

 

Source: Livestock, Dairy and Poultry Outlook - September 18th 2018

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

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