Egg Industry Statistics and Reports


Export of Shell Eggs and Products January-March 2019.

05/12/2019

USDA-FAS data collated by USAPEEC, reflecting export volume and values for shell eggs and egg products are shown in the table below comparing the first quarter of 2019 with the corresponding period in 2018:-

PRODUCT

Jan.-March 2018

Jan.-March 2019

Difference

Shell Eggs

     

Volume (m. dozen)

25.6

26.0

+0.4 (+1.6%)

Value ($ million)

34.8

24.7

-10.1 (-29.0%)

Unit Value ($/dozen)

1.36

0.95

-0.41 (-30.1%)

Egg Products

 

 

 

Volume (metric tons)

9,295

6,973

-2,322 (-24.9%)

Value ($ million)

34.3

22.5

-11.8 (-34.4%)

Unit Value ($/metric ton)

3,690

3,226

-464 (-12.6%)

U.S. SHELL EGG AND EGG PRODUCT EXPORTS DURING

JANUARY-MARCH 2019 COMPARED WITH 2018

Source USDA-FAS/USAPEEC


 

USDA DATA ON CAGE-FREE PRODUCTION

05/08/2019

Based on the importance of expanding cage-free production, the USDA-AMS issues a monthly report on volumes and prices for the information of Industry stakeholders. There is some doubt as to the accuracy of the individual monthly flock numbers especially with reports that show a significant increase in the cage-free flock. The question is raised whether it would not be more desirable to post accurate quarterly data in place of unconvincing sequential 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-NEWS Egg Weekly Price and Inventory Report.

The USDA Cage Free Report for the month of April 2019 released on May 6 th 2019 documented a 4.6 percent increase of 0.7 million in flock size for hens hens producing under the Certified Organic seal. The National cage-free flock increased by 3.8 or 8.1 percent as compared to the value for March. 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 increased to 75.5 percent for both categories of non-caged hens (accepting USDA data) consistent with young flocks placed for the pre-Easter period.

Flock size '19 (million hens)

June

2019

May

2019

April

2019

March

2019

Sept. 2018 through Feb. 2019

August

2018

Certified Organic

   

15.7

15.0

15.7

15.7

Cage-free hens

   

50.7

46.9

41.5

39.1

Total non-caged

   

66.4

61.9

57.2

54.7

Average weekly production cases, April 2019

Certified Organic

230,279 (2189,589 March.)

Cage-free

743,849 (685,492 March)

Total non-caged

974,128 (905,081 March)

Average Wholesale Contract Price Cage-Free Brown

$1.56/doz. Unchanged since Nov. '18

Range unchanged at:

$1.15 to $2.10/doz.

FOB Negotiated price, grade quality nest- run, loose

Average down 19.1 percent from March with narrower spread

$1.08 to $1.25/doz. (Av. $1.19/doz.)

was $1.42 to $1.71 (Av. 1.62/doz.)

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

$2.68/doz.  (was $2.63 March. 2019)

USDA 6-Region

High: NW

$2.50/doz. $2.77 (NE.)

 

Low: SC

$2.40/doz. $3.07 NE.

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.


 

Updated USDA Projections for 2018 and 2019 U.S. Egg Production

04/18/2019

The USDA Economic Research Service issued an updated forecast of egg production on April 16th, following the previous March 14 th report. The volume of eggs produced and per capita consumption in 2019 were increased by 2.2 and 1.1 percent respectively compared to revised 2018 data. Consistent with this disparity, the benchmark New York price was reduced by 23 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 %

(actual) (forecast) 2018 to 2019

 

EGGS

       
 

Production (m. dozen)

6,938*

7,437

7,755

7,952 8,125 +2.2%

 

Consumption (eggs per capita)

255.8*

272.0

279.9

284.1 287.1 +1.1%

 

New York price (c/doz.)

182*

86

101

138 106 -23.0-%

Source: Livestock, Dairy and Poultry Outlook -March14th 2019

*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.


 

Review of March 2019 Production Costs and Statistics.

04/10/2019
  • March 2019 USDA Ex-Farm Benchmark Price Down 13.0 Percent from February 2019, Consistent with Seasonal Trends and Moderate Oversupply.

  • March 2019 USDA Average Nest-run Production Cost 1.1 Percent Higher than February 2019 at 60.7 cents per dozen.

  • March 2019 USDA Benchmark Nest-run Margin Decreased from February 2019 to Breakeven.

INTRODUCTION.

Summary tables for the latest USDA March 2019 prices made available by the EIC on April 9th 2019 are arranged, summarized, tabulated and reviewed in comparison with values from the previous March 12th 2019 posting reflecting February 2019 cost data.

 

COSTS & REVENUE

From January 2019 onwards EIC has used USDA-AMS data for regional corn, soybean and standard feed prices. The basis for corn will be cash payment except for California (10-day delivery) and Louisiana and Oregon (30-day delivery). For soybean meal a similar approach is applied with 20-days for Minnesota. It is noted that January 2019 prices are not directly comparable with December 2018. Month-to-month comparisons in 2019 will be valid.

 


 


USDA-WASDE FORECAST #587 April 9th 2019

04/09/2019

OVERVIEW

The April 9th 2019 USDA WASDE projections for the 2019 corn and soybean harvests are based on historical yield and harvest data. The corn acreage to be harvested was determined from planting intentions to be 81.7 million acres (81.8 million in 2018). In 2019 soybeans will be harvested from 88.1 million acres (88.3 million acres in 2018). There was apparently no change due to recent Midwest flooding or the forecast for wet conditions from snowmelt prior to planting.

The USDA projected corn yield to attain 176.4 bushels per acre, (178.9 bushels in 2017). Soybean yield was projected at 51.6 bushels per acre (52.1 bushels in 2018). These values presume suitable planting conditions, time of sowing and standard rates of germination.

The April USDA projection of ending stock for corn was increased by 10.9 percent to 2,035 million bushels. Ending stock for soybeans will be 0.5 percent lower at 895 million bushels with minimal effect on CME price quotations subsequent to the noon release of the April WASDE.

It is emphasized that projections are based on the presumption of at least a partial settlement of the trade dispute with China followed by restoration of exports to that Nation.


 


















































































































































































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