No Easter hop in egg disappearance or prices
U.S. egg disappearance (production adjusted for trade and stock changes) and prices tend to be seasonally low during the first and second quarters of the calendar year, indicating minimal impacts on egg demand and prices due to the Easter holiday. Instead, egg disappearance and prices tend to be noticeably higher during the winter holiday season in the fourth quarter of the year. Household use of eggs for baking and other purposes is normally highest in the fourth quarter, while commercial use is highest in the third quarter. Roughly 31 percent of annual table egg use is termed as “broken,” meaning that they are used in commercial baking and food processing. On an annual basis, U.S. egg consumption fell in 2009 and 2010 as producers reduced output in response to the increases in grain and energy prices that occurred in 2008, but production and consumption have been on a long term upswing since 2010. As of January 2014, on a year-over-year basis, production increased in 28 of the previous 29 months. Find the data for this chart in Livestock and Meat Domestic Data, with additional analysis in Livestock, Dairy, and Poultry Outlook: March 2014.
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