Egg Prices: Forecasts OBE?
Image Source: Unsplash
Overtaken By Events:
Figure 1: Price of dozen large AA eggs, $ (blue, left scale), ERS forecast of January (blue square), ERS forecast of February (inverted light green triangle, left scale), PPI for eggs (brown, right scale), TradineEconomics forecast of 3/13 implied PPI for end-2025 (tan triangle, right scale). Source: BLS, ERS, TradingEconomics accessed 3/13, and author’s calculations.
TradingEconomics 3/12 prices are down 37% since March 4th peak (discussion here), but apparently forecasts are for a return to higher prices.
More By This Author:
Deepening Yield Curve Inversion At 6 Months To 2 Year Maturities Since Inauguration DayWhy Shouldn’t The Stock Market Be Crashing?
GDPNow And Other Predictions
How did you like this article? Let us know so we can better customize your reading experience.
Comments
Leave a comment to automatically be entered into
our contest to win a free Echo Show.
