Egg performance, on the farm, in the 27th week of 2020

Published Jul 6, 2020

Tridge summary

The egg market experienced a stable period with unchanged prices, except for a surprising increase at the end of the week, where white egg producers raised the average daily price from R $ 70.00 to R $ 76.00 per box. Despite this, the average weekly price fell by 2.5% compared to the previous week, but still showed a positive year-on-year growth of 6.6%. The first half of July saw a 13% decrease in the average price compared to the previous month, but a 6.4% increase compared to July of the previous year. The upcoming week is expected to see an increase in consumer purchasing power, which could lead to higher retail turnover and continued price evolution throughout the supply chain. This is essential for egg producers to handle the rising production costs.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Last week (27th week, June 28th to July 4th) the egg market had a more favorable business environment due to the proximity of a new month and the receipt of wages. Even so, with surpluses above demand, prices remained unchanged for most of the period and surprised with a significant increase at the end of the week. With that, the white egg producers started the week selling their product for an average daily price of R $ 70.00 and with the appreciation ended the period at R $ 76.00 / box. In any case, it was not enough to reverse the fall in the average weekly price, which was confirmed 2.5% below that received in the immediately previous week. In comparison with the same week last year, it still showed a positive rate of 6.6%. In the first half of July, the average price reaches R $ 65.50 and means a 13% reduction compared to the previous month. In comparison with July of last year, it shows a positive index of 6.4%. The current week (28th week, 5th to 11th of July) brings to ...

Source: NoticiasAgricolas