Friday, March 30, 2012

Egg deal reached



The Canadian Egg and Poultry Processors Council and Egg Farmers of Canada have finally reached a deal on pricing eggs for breakers.

The details have not been made public, but there apparently are premiums for four categories as part of the new deal.

These eggs have been priced to track the U.S. market in an effort to keep food companies that buy processed eggs and egg products competitive with suppliers in the U.S.

The egg marketing board withdrew its complaint to the Farm Products Council of Canada when the pricing agreement was reached. The council asked the two sides to continue negotiating rather than handling the issue through a hearing and council decision.

There are apparently some details yet to be settled.