Into the lives of chickens there come periods of great activity and many eggs. Farmers wait for this period anxiously because it means more eggs to market during early spring when prices are still firm. Egg speculators wait for it because it means the winter period of high prices and small sales is over. Last week farmers with many eggs to sell at high prices were disappointed; egg speculators who had sold short were pleased. After an unexpected duration of high prices, the Manhattan egg market broke 6¢ to 41¢ for extra fresh eggs...
To continue reading:
or
Log-In