Editor's Pick 2015, #9:
New cage size regulations contribute to widening egg price gap
Over the last 2 months of 2014, egg prices in most markets experienced a brief and very sharp price spike. Egg prices traditionally are strong in the fourth quarter, but the spike in 2014 was larger than usual, considering that table egg production increased in November 2014. The high prices nationwide in the fourth quarter of 2014 are likely the result of both strong exports of table eggs to Mexico in November and uncertainties about the future of the table egg market in California due to new cage size regulations that went into effect on January 1, 2015.