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Egg industry eyes feed price surge as global risks mount

Price impacts from the conflict in the Middle East are not being felt by the U.S. poultry industry, yet. 

MPF board director Steve Taylor of Indiana-based MPS Egg Farms says the poultry sector is bracing for disruptions caused by unrest in the Middle East.

“Not just yet, but it’s coming. We look at our vitamins, our minerals. We also are really concerned about grain prices.”

He tells Brownfield corn and soybean farmers could reduce acreage this year.

“The corn farmers, are they going to plant this year? Are we going to have enough of a crop available to us? And that in turn is going to run supply and demand, the price of corn is going to go up, price of soybean meal may go up. All of that is going to be impacted, and that will impact our bottom line as well.”

Taylor says managing production costs is critical because egg prices have softened dramatically.