Balancing Production And Needs

A major component of the price reporter's conclusions is based on active sales, which are documented by organizations such as The Egg Clearinghouse, Inc. (ECI) with offices in Dover, New Hampshire.[4] The Egg Clearinghouse serves the needs of companies with excess eggs and companies who need eggs. In 2002, ECI facilitated the sale of approximately six million cases (30 dozen each), which represents 3% of the total U.S. production (205 million cases).

Offers to sell and bids to buy are matched at ECI headquarters to assure both buyers and sellers that all conditions of the trade are agreeable. This includes detailed definitions of some 40 different shell egg and broken-out egg products relative to quality and product characteristics, transportation costs, time of delivery, and other factors essential to the success of the transaction.

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