Egg Industry Statistics and Reports


USDA DATA ON CAGE-FREE PRODUCTION

08/01/2018

Based on the importance of cage-free production, the USDA-AMS issues a monthly report on volumes and prices for the information of Industry stakeholders. There is profound doubt as to the accuracy of the monthly flock numbers and the question is raised as to the desirability of posting accurate quarterly data in place of erratic monthly figures.

EGG-NEWS summarizes and comments on data and trends in the monthly USDA Cage-Free Report, supplementing the information posted weekly in the Egg Weekly Price and Inventory Report.

The USDA Cage Free Report for the month of July 2018 released on July 31st 2018 documented no increase in hens producing under the Certified Organic seal and no change in cage-free flocks as compared to June 2018. Organic egg production was up 0.3 percent from June. Cage-free egg production was up 0.4 percent from the previous month. The respective numbers of hens in organic and cage-free flocks should reflect the realities of supply and demand in the market over successive quarters. Average flock production was down 0.25 percent from June to 75.0 percent for both categories in July (accepting USDA data):-

 

Flock size '18 (million hens)

Feb.

March

April

May

June

July

Certified Organic

15.0

15.0

15.5

15.6

15.6

15.6

Cage-free hens

36.9

36.9

38.9

38.9

39.1

39.1

Total non-caged

51.9

51.9

54.4

54.5

54.7

54.7

 

 

 

Average weekly production cases, July 2018 Δ

Certified Organic

227,783 was 228,507 June -0.3%

Cage-free

569,960 was 571,860 June -0.3%

Total non-caged

797,743 was 800,367 June -0.3%

 

Average Wholesale Contract Price Cage-Free Brown

$1.59/doz. Unchanged from June

Range unchanged at:

$1.02 to $2.10/doz. (Av. $1.59/doz)

FOB Negotiated price, grade quality nest- run, loose

Down 7 percent from June

$0.97 to $1.18/doz. (Av. $1.04/doz)

Average Advertised National Retail Price C-F, L, Brown

$2.69/doz. (unchanged) June '18

USDA 6-Region

High: NW

$2.79/doz. $2.86 NE

 

Low: SC

$2.49/doz. $2.52 MW

 

Kindly refer to weekly USDA wholesale and retail prices posted in the EGG-NEWS Egg Price and Inventory Report E-mailed each Friday. The previous Monthly Cage-Free Report is available under the STATISTICS Tab.


 

Export of Shell Eggs and Products January-May 2018.

07/16/2018

USDA-FAS data collated by USAPEEC, reflecting export volume and values for shell eggs and egg products are shown in the table below comparing January-May 2018 with the corresponding period in 2017:-

 

 

PRODUCT

Jan.-May 2017

Jan.-May 2018

Difference

Shell Eggs

     

Volume (m. dozen)

46.5

45.9

-0.6 (-1.3%)

Value ($ million)

45.4

58.3

+12.9 (+28.4%)

Unit Value ($/dozen)

0.98

1.27

+0.29 (+29.6%)

Egg Products

 

 

 

Volume (metric tons)

18,330

14,671

-3,659 (-20.0%)

Value ($ million)

47.2

53.7

+6.5 (+13.8%)

Unit Value ($/metric ton)

2,575

3,660

+1,085 (+42.1%)

U.S. SHELL EGG AND EGG PRODUCT EXPORTS IN JANUARY-

MAY 2018 COMPARED WITH JANUARY-MAY 2017

Source USDA-FAS/USAPEEC


 


Updated USDA Projections for 2018 and 2019 Egg Production

07/16/2018

The USDA Economic Research Service issued an updated July 16th 2018 forecast of egg production. The volume of eggs produced and per capita consumption in 2019 were increased by 1.8 and 1.1 percent respectively over 2018. Consistent with this disparity the benchmark New York price was reduced by 12.6 percent 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. For reasons which are unclear the USDA amended per capita egg consumption for 2015 through 2017. 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

7,826 7,970 +1.8%

 

Consumption
(eggs per capita)

255.8*

271.6

276.3

277.0 281.0 +1.1%

 

New York price (c/doz.)

182*

86

101

142 124 -12.6%

                   

 

Source: Livestock, Dairy and Poultry Outlook - June 18th 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.


 

USDA-WASDE FORECAST #579 July 12th 2018

07/13/2018

OVERVIEW

The July 12th 2018 USDA WASDE projections for the 2018 corn and soybean harvests are based on actual planting data, crop progress, long-range weather forecasts and historical records. Harvest areas for corn and soybeans were updated from the June projection to 81.8 million acres (83.1 million in 2017) and 88.9 million acres, (89.5 million acres in 2017) respectively. The USDA held corn yield to 174.0 bushels per acre (175.4 bushels in 2017). Soybean yield was retained at 48.5 bushels per acre (49.5 bushels in 2017). The USDA July projection of ending stock for corn was reduced 0.3 percent to 1,552 million bushels. Ending stock for soybeans was raised 50.6 percent to 580 million bushels compared to the June 2018 WASDE Report.

The USDA projections of ending stocks and prices take into account current uncertainties concerning announced tariffs on U.S. products.

CORN

The projection of the corn harvest decreased by 1.3 percent from the June 2018 Report to 14,230 million bushels consistent with the reality that the crop is now in the stage of silking. The projection for 2018 can be compared to the 2017 harvest of 14,577 million bushels and is down 7.3 percent from the 2016 near-record harvest of 15,148 million bushels. The “Ethanol and Byproducts” category was lowered 0.9 percent to 5,625 m. bushels and exports were raised 25 m bushels to 2,225 million bushels. “Feed and Residual” was raised by 75 m. bushels to 5,425 million bushels resulting in a corresponding decrease of 1.6 percent in ending stocks to 1,552 m. bushels. The projected USDA range in farm price was reduced by 10 cents per bushel on both ends of the range to 330 to 430 cents per bushel. At 14H30 on July 13th CME quotations for July and September 2018 corn were 332 cents and 340 cents per bushel respectively.


 


Egg Monthly

07/09/2018

REVIEW OF JUNE PRODUCTION STATISTICS AND COSTS.

  • June 2018 USDA Ex-Farm Benchmark Price up 19 Percent from May Consistent with Seasonal Trends.

  • Production Cost Down 3.5 Percent with Feed Lower by 5.6 Percent.

  • Positive Nest-run Margin Restored to 13.7 Cents per Dozen

     

    INTRODUCTION.

    Summary tables for the latest USDA June 2018 statistics and prices made available by the EIC on July 9th are arranged, summarized, tabulated and discussed in comparison with values from the previous June 11th 2018 posting reflecting May 2018 data.

 

COSTS & REVENUE

Parameter

MAY 2018

JUNE 2018

5-Region Cost of Production

ex farm (1st Cycle)

64.48 c/doz

62.22 c/doz

Low

59.90 c/doz (MW)

56.94c/doz (MW)

High

81.65 c/doz (CA)

78.89 c/doz (CA)

 

Components of 6-Region 1stCycle Cost of Production:-

 

MAY 2018

JUNE 2018

Feed

35.57 c/doz

33.60c/doz

Pullet depreciation

11.38 c/doz

11.10 c/doz

Labor

4.00 c/doz

4.00 c/doz

Housing

5.30 c/doz

5.30 c/doz

Miscellaneous and other*

8.22 c/doz

8.22 c/doz

* adjusted February 2018


 










































































































































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