A new study from Cornell University shows the American Egg Board has helped create nearly a billion dollars in yearly revenue for US egg producers.
Dr. Harry Kaiser, professor of economics with Cornell University, says farmers have earned a 10-to-1 return on investment over the last five years.
“For every dollar that was invested by egg producers in the AEB’s domestic and foreign market operations, those activities returned $10.11 back to the industry in operating profits or net revenue,” he said.”
The study found that AEB’s effect on the US egg sector created an additional $914 million per year in total revenue.
