FRM 3.00% 9.7¢ farm pride foods limited

At the AGM I think he was referring to the number being up from...

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    At the AGM I think he was referring to the number being up from July and that could result in an oversupply in the spring. He also mentioned that when summer comes the number of eggs will drop especially in free range because of the heat.

    If Didak is correct on the price increase of 15-20% on eggs, then I will assume that we have not experienced any significant over supply and margin compression in the spring. Otherwise I think it would be reasonable to assume that prices would have steadily decreased.

    We are now entering summer so the number of eggs will obviously decrease but I didn't get the impression that summer was going to be a problem with oversupply.
 
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