Egg costs and value index via December, egg CFDs via January.
Determine 1: High panel, Contract for Distinction for eggs; center panel, PPI for big eggs; backside panel, value of dozen A eggs, in $. Supply: TradingEconomics, BLS.
I don’t know what’s the predictive energy of the Contract for Distinction for eggs; possibly someone can illuminate it for me. What’s clear to me is the PPI is up in December, and retail egg costs are more likely to observe.
