Table Egg Production Forecast to Drop in 2013
US - While 2013 is expected to have higher prices for several meat products and improvement of general economic conditions, egg producers are expected to face lower prices for the rest of 2012.
22 May 2012
2 minute read
2013 hatching egg production is expected to increase marginally after a decline in 2011 and 2012. According to the USDA's Livestock, Dairy, Poultry and Aquaculture Outlook for May, the expansion in hatching egg production is based on the forecast for higher broiler production starting at the end of 2012 and carrying through 2013.
In the first quarter of 2012, egg production rose slightly - a one per cent rise - compared to the same period in 2011. Production of hatching eggs dropped 3 per cent as the production of broiler-type eggs continue down compared to a year ago. Table egg production for the remainder of 2012 is expected to continue rising slightly compared the to the second and third quarters of last year.
Higher egg production in 2013 is expected to lead to a slight inflation of egg and egg product prices compared to 2012.
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