Regarding eggs, avian flu has been an issue for table egg layers and pullets in recent months...
Speaking of weakness, there are some concerning signals with the consumer. Note the next chart which shows limited-service restaurant sales tracking well above full-service for the last several months. For those keeping score, and I'll bet Brewers fans will be keeping score extra carefully versus the Cubs next season, the premium in limited-service restaurant sales compared to full-service has been tracking at its highest levels on record not including Covid restrictions. Suggests the consumer is looking for value which will be important to monitor in the commodity space in 2024 especially with historically tight protein supplies.
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