Market flat as shell egg inventories decline

Inventories still higher than Easter week last year despite week-to-week decline.

The U.S. Department of Agriculture reported the March 21 national shell egg inventory at 1,314.4 thousand cases, a 9.3% decline from the week prior but  nearly 22% higher compared to Easter week last year, according to Urner Barry analyst Brian Moscogiuri.  

Breaking stock inventories fell 3.8% week to week to 301.6 thousand cases but were still 14% higher than last year. Total shell egg inventories were at 1,616.0 thousand cases, 8.3% below the week prior but still 20.5% higher th

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