Egg prices and price index through December, egg CFDs through January.
Figure 1: Top panel, Contract for Difference for eggs; middle panel, PPI for large eggs; bottom panel, price of dozen A eggs, in $. Source: TradingEconomics, BLS.
I have no idea what’s the predictive power of the Contract for Difference for eggs; maybe somebody can illuminate it for me. What’s clear to me is the PPI is up in December, and retail egg prices are likely to follow.
