Solving the high global egg price riddle: Risks and margins need to be shared fairly between all parties

Egg prices have become increasingly volatile and reached record-high levels in markets across the globe this year. This is impacting consumers and players in the egg supply chain. Rabobank believes a rethink is needed in terms of how industry value chains function: from producers to customers, and how governments interact with that value chain. While consumers face soaring prices and availability issues, egg suppliers struggle with disease, cost inflation, new regulations, government intervention, and changing consumer demand. This has resulted in supply chain disruptions, with considerable price volatility, high price peaks, and, in some cases, empty supermarket shelves. Global prices set to stay high Although prices have started to drop in some markets, like the US, global prices are expected to stay high throughout 2023 and into 2024, if lower, on average, than the levels seen in Q1 2023 and with differences between countries. Prices will stay especially high and increasingly ...