Friday, June 16, 2017

10 Year graph of Eggs

This is for a comment I made on Seeking Alpha.

The only consistent very long term series I could find for US eggs is the PPI. So this is an index with 1993 = 100. The graph has a good fit though.
x-axis - PPI for eggs deflated for inflation and value of the $US.
y-axis - change in deflated price in next ten years.
so the last point on the graph is on May 2006.
The red line is where we are in May 2016.