Sales of pasture-raised eggs jumped 32 percent in 2018 through Oct. 8, according to Vital Farms, reports Omaha World Herald. Free-range egg sales increased 8.5 percent, cage-free eggs 3.9 percent, and caged birds 0.3 percent. At the same time, pasture-raised egg prices are down to below $5 a dozen, compared to $12 a year ago.
Although spurred by consumer demand, analysts note the pricing shift followed 2016 pledges from McDonald's Corp. and Walmart to utilize cage-free eggs. And although prices are going down, standard grade A large eggs averaged $1.78 per dozen in the 10 months ended Oct. 31, according to government data, showing that the $5 price for pastured eggs still commands a premium. Full Story
Related: Most Won’t Reveal Progress on Cage-Free Commitments; Eggs Most Popular Breakfast Food.
from Industry Operations https://ift.tt/2zGuL5S
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