USDA Egg Projections

11/18/2021

Updated USDA Projection for U.S. Egg Production November 2021.

 

The USDA Economic Research Service issued an updated forecast of egg production on November 16th 2021 revising the previous October 18th 2021 report. The November projection of production for 2021 was updated by 0.2 percent to 8,077 million dozen with a per capita consumption of shell eggs and liquids combined of 284.0 up 0.9 percent compared to 2020. The average 2021 benchmark New York bulk unit price was lowered to 117 cents per dozen despite higher prices during the first quarter and again in August and November. The USDA provided a projection for 2022 of 8,185 million dozen produced, with a consumption of 287.5 per capita. Subsequent USDA forecasts will provide greater clarity on reopening of the economy but with depressed liquid consumption attributed to COVID restrictions.

 

November 2021 data is shown in the table below:-

 

Parameter

2018

(actual)

2019

(actual)

2020

(actual)

2021

(forecast)

2022

(projection)

% Difference

2021-2022

Production (m. dozen)

8,042

8,265

8,058

8,077

8,185

+1.3

Consumption (eggs per capita)

287.8

293.6

286.5

284.0

287.2

+1.2

New York price (c/doz.)

138

 94

112

117

117

0

Source: Livestock, Dairy and Poultry Outlook released November 16th 2021

 

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.






















































































































































































Top