Benchmark Firms to 46 Cents on Moderate Retail Demand

The national large white benchmark firmed to 46 cents a dozen, up 7 cents on the week, per USDA's Oct 2 Egg Markets Overview. USDA described offerings and supplies as moderate, retail interest as moderate, with a steady undertone on national truck-lot trading of large white loose shell eggs.

• Medium white national conventional loose surged to 35.6 cents, up 60.5% week over week from 22.2 cents a week ago, the largest price move in this week's data.
• Nest run tier 1 brown, USDA organic loose, fell to 135 cents, down 25.0% on the week from 180 cents.
• California-market large brown cage-free loose dropped to 85.0 cents, down 12.2% from 96.8 cents a week ago. Per USDA's Oct 2 overview, the California large shell egg conventional benchmark edged down 1 cent to 107 cents a dozen.
• Midwest conventional shell egg inventory stands at 573 thousand cases, 20% above its five-year median. Northwest conventional stock is at 60.6 thousand cases, 19% below its five-year median, the furthest-below-normal regional read in this report.
• National shell egg inventory: 1,457 thousand cases as of Oct 5, 0.4% below the trailing four-week average.
• Cage-free large white loose traded at 32.0 cents against the 46-cent conventional benchmark, a 14.0-cent inversion per USDA national data.

APHIS has confirmed no HPAI detections in commercial egg-layer flocks in the past 60 days.

Data note: 57 series have not updated in over two weeks, including California cage-free brown jumbo loose delivered and California cage-free white large loose delivered diet-nutritionally enhanced, among others. Figures from those series are not included in this issue.