In last month’s Livestock, Dairy and Poultry report, USDA forecasts an average 2008 New York price of $1.20 to $1.25 per dozen, down from the $1.25 to $1.32 it estimated in the April report.
In its May report, USDA now forecasts second-quarter prices of $1.13 to $1.17, third- quarter prices of $1.02 to $1.08, and fourth-quarter prices of $1.06 to $1.14. First-quarter prices were $1.58.8. The department forecasts first quarter 2009 prices of 95 cents to $1.03 and prices to average 90 to 98 cents per dozen for all of next year.USDA decreases egg price estimate slightly for 2008
USDA’s Economic Research Service decreased the New York wholesale egg price annual price outlook for 2008 from an earlier projection.
June 2, 2008
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