Egg Industry Statistics and Reports


USDA DATA ON CAGE-FREE PRODUCTION

01/11/2019

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 some doubt as to the accuracy of the monthly flock numbers and the question is raised whether it would not be more desirable to post accurate quarterly data in place of erratic quarterly figures with similar data for consecutive months.

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 December 2018 released on January 7th 2018 documented constant flock sizes in hens producing under the Certified Organic seal and for cage-free flocks as compared to the values for September through November 2018. 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 rose to 75.75 percent for both categories of non-caged hens (accepting USDA data):-

Flock size '18 (million hens)

May

June

July

Aug.

Sept.

Oct. Nov. Dec.

Certified Organic

15.6

15.6

15.6

15.6

15.7

15.7 15.7 15.7

Cage-free hens

38.9

39.1

39.1

39.1

41.4

41.5 41.5 41.5

Total non-caged

54.5

54.7

54.7

54.7

57.1

57.2 57.2 57.2

Average weekly production cases, December 2018 Δ

Certified Organic

231,042 was 230,279 Nov. +0.3%

Cage-free

610,819 was 608,803 Nov. +0.3%

Total non-caged

841,861 was 839,082 Nov. +0.3%

Average Wholesale Contract Price Cage-Free Brown

$1.56/doz. Unchanged from Nov.

Range unchanged at:

$1.15 to $2.10/doz. (Av. $1.41/doz)

FOB Negotiated price, grade quality nest- run, loose

Average up 19 percent from November with narrower spread

$1.20 to $1.51/doz. (Av. $1.36/doz)

was $1.20 to $1.51 (Av. 1.36/doz.)

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

$2.47/doz. (was $2.96 November)

USDA 6-Region

High: NE

$2.76/doz. $3.47 (Nov.)

 

Low: SC

$2.24/doz. $2.68 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.


 

REVIEW OF DECEMBER PRODUCTION STATISTICS AND COSTS.

01/11/2019
  • December 2018 USDA Ex-Farm Benchmark Price Down 5 Percent from November, Inconsistent with Seasonal Trends Due to Oversupply.

  • USDA Average Nest-run Production Cost Fractionally Higher than November at 60.9 cents per dozen.

  • Positive USDA Benchmark Nest-run Margin Decreased 14 Percent from November to 29.0 cents per dozen

 

INTRODUCTION.

Due to the Federal shutdown some monthly reports from December 26thwere not issued. EGG-NEWS has assembled available USDA market data to produce the December report. The normal format will be posted when USDA publications resume.

Summary tables for the latest USDA December 2018 statistics and prices made available by the EIC on January 9th 2019 are arranged, summarized, tabulated and reviewed in comparison with values from the previous December 10th 2018 posting reflecting November 2018 data.


 


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

12/17/2018

The USDA Economic Research Service issued an updated forecast of egg production on December 17th 2018. The volume of eggs produced and per capita consumption in 2019 were increased by 1.8 and 0.1 percent respectively compared to 2018. Consistent with this disparity the benchmark New York price was reduced by 10.1 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. 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

7,821 7,960 +1.8%

Consumption

(eggs per capita)

255.8*

271.6

276.3

278.8 279.2 +0.1%

New York price (c/doz.)

182*

86

101

138 124 -10.1%

 

Source: Livestock, Dairy and Poultry Outlook - December 17th 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.


 

Export of Shell Eggs and Products January-October 2018.

12/15/2018

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-October 2018 with the corresponding period in 2017:-

PRODUCT

Jan.-Oct. 2017

Jan.-Oct 2018

Difference

Shell Eggs

     

Volume (m. dozen)

104.1

100.9

-3.2 (-3.1%)

Value ($ million)

102.4

109.4

+7.0 (+6.8%)

Unit Value ($/dozen)

0.98

1.08

+0.1 (+10.2%)

Egg Products

 

 

 

Volume (metric tons)

36,691

26,243

-10,448 (-28.5%)

Value ($ million)

97.1

92.9

-4.2 (-4.3%)

Unit Value ($/metric ton)

2,646

3,540

+894 (+33.8%)

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

October 2018 COMPARED WITH JANUARY-OCTOBER 2017

Source USDA-FAS/USAPEEC


 


USDA-WASDE FORECAST #584 December 11th 2018

12/11/2018

OVERVIEW

The December11th 2018 USDA WASDE projections for the 2018 corn and soybean harvests are based on actual yield and harvest data. The acreage for corn was retained from the July through November WASDE projections at 81.8 million acres (83.1 million in 2017). Soybeans will be harvested from 88.3 million acres (89.5 million acres in 2017).

The USDA confirmed corn yield to be 178.9 bushels per acre, unchanged from the November WASDE (175.4 bushels in 2017). Soybean yield was held from November at 52.1 bushels per acre (49.5 bushels in 2017).

The December USDA projection of ending stock for corn was raised 2.6 percent to 1,781 million bushels for November. Ending stock for soybeans was held at 955 million bushels with minimal effect on CME quotation subsequent to the noon release of the December WASDE.

The 2018 corn and soybean crops will be the second largest ever but harvested during a time of uncertainty regarding previously projected, anticipated and ongoing export volumes. The USDA projections of ending stocks and hence prices for corn and soybeans take into account current announced tariffs on U.S. products but do not reflect future tariffs or an anticipated resolution of the trade conflict with China.


 






























































































































































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