Pete & Gerry's CEO Tom Flocco said oversupply driven by population growth is depressing retail egg prices and squeezing producer returns, creating headwinds for the egg industry. He highlighted ongoing industry challenges and noted rising interest in alternative proteins as a longer-term demand dynamic.
Pete & Gerry's CEO Tom Flocco said oversupply driven by population growth is depressing retail egg prices and squeezing producer returns, creating headwinds for the egg industry. He highlighted ongoing industry challenges and noted rising interest in alternative proteins as a longer-term demand dynamic.
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