A short-run price prediction model for eggs

The volume of eggs traded in open markets is extremely small relative to total volume o [ eggs produce & One result has been criticism that current price quotes are formed from insuflieient information. The model presented here projects a eurrent quote based on information Ÿ a national sample of producers. FTER World War II the egg industry began an evolution that rapidly moved its marketing structure away from use of terminal markets where many buyers and sellers could discover price. Many integrated firms now more eggs directly from farm to re-rail store. Large votumes of trading take place in private negotiations that furnish no price information to the industry concerning the forces of supply and demand. Asa consequence, price quotations based o