Back to CALM
BL
Bhushan Lodha
5/19/20260 comments

give month over month price for last 6 months

Here is the exact month-over-month breakdown of wholesale egg prices over the last 6 months (November 2025 through May 2026), based on the Urner Barry Egg Index EBP (the industry benchmark for wholesale loose eggs).

This data perfectly illustrates the massive "bust" cycle crash we just talked about:

Month (End of Month)Wholesale Price per DozenWhat Happened in the Market
November 2025$1.92Prices were still heavily elevated from the lingering effects of the 2025 avian flu outbreaks and strong Thanksgiving holiday demand.
December 2025$0.51The Crash Begins. Post-holiday demand fell off a cliff exactly as farmers flooded the market with a record number of new laying hens. Prices plummeted 73% in a single month.
January 2026$0.75A slight "dead cat bounce" as winter storms temporarily disrupted trucking routes, causing a brief supply squeeze, but the national flock remained massively oversupplied.
February 2026$0.34The brutal reality of 310+ million chickens laying eggs every single day set in. Prices collapsed back well below the break-even cost of chicken feed.
March 2026$0.49There was a brief mid-month spike up to $1.17 for Easter demand, but once grocery stores finished their holiday buying, the price instantly crashed back down to 49 cents.
April 2026$0.15The Absolute Bottom. With zero holidays to drive demand and peak spring production, farmers were selling eggs for just 15 to 20 cents—losing significant money on every transaction.
May 2026 (Current)$0.33The very early signs of recovery. As farmers actively aggressively cull their flocks to stop losing money, the reduced supply has finally started lifting the price floor off the absolute bottom.

The Takeaway

When you look at this timeline, you can see why I said the worst is already behind us. In April, the price literally went to 15 cents a dozen. At that price, farmers are losing so much cash that they are forced to kill off their chickens.

Now, in May, we are seeing the first uptick ($0.33) simply because that capacity reduction has begun. The cycle has officially bottomed out and is starting the slow grind upward.

Source: Cal-Maine Foods' Prepared Foods Portfolio

Comments

No comments yet. Readers can leave comments directly from the expanded post on the board page.