CORRECTED-Climate change has U.S. fund managers adjusting agriculture investments [Reuters]
Cal-Maine Foods, Inc. (CALM)
Last cal-maine foods, inc. earnings: 1/5 06:30 am
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Source: Reuters
Climate change has U.S. fund managers adjusting agriculture investments - Reuters 5 Min Read NEW YORK (Reuters) - After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell products ranging from tractors to fertilizer. The issue is not simply the unpredictability of weather. Instead, fund managers say, they are struggling to model how extreme weather events from droughts to more powerful storms will affect commodity prices and, in turn, spending by farmers on equipment or seeds. In November, the U.S. government published a report that found climate change will boost costs in industries including farming and energy production by increasing the frequency and severity of storms. The U.S.-China trade war has also clouded the outlook for U.S. farmers. Early estimates of crop and livestock losses from this year’s floods are approaching $1 billion in Nebraska
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News
- US bird flu outbreak spreads to chickens, cattle, raises concerns over human infections [Reuters]Reuters
- TIMELINE- US bird flu outbreak spreads to chickens, cattle, raises concerns over human infections [Yahoo! Finance]Yahoo! Finance
- Income Investors Should Know That Cal-Maine Foods, Inc. (NASDAQ:CALM) Goes Ex-Dividend Soon [Yahoo! Finance]Yahoo! Finance
- Bird flu outbreak is driving up egg prices — again [CBS News]CBS News
- Bird flu resurgence drives up egg prices, spurring some to stock up [CNBC]CNBC
CALM
Earnings
- 10/3/23 - Beat
CALM
Sec Filings
- 4/5/24 - Form 3
- 4/4/24 - Form 8-K
- 4/2/24 - Form 10-Q
- CALM's page on the SEC website