Egg prices are rising again. An outbreak of bird flu could make things worse [CNN]
Cal-Maine Foods, Inc. (CALM)
Last cal-maine foods, inc. earnings: 1/5 06:30 am
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Source: CNN
Washington CNN — The average price of a dozen Grade A large eggs was $3 in February, according to the latest Consumer Price Index, up from around $2 in the fall. While egg prices are down from a record $4.82 in January 2023 — after a widespread bird flu outbreak ravaged farms in the prior year — they're now at the highest level since April 2023. And it may not get better anytime soon. Cal-Maine Foods, America's largest egg producer , said earlier this week that it culled about 1.6 million hens and 337,000 young chickens after some tested positive for a “highly pathogenic avian influenza” at one of the company's facilities in Texas, Cal-Maine said in a release. The company produces brands such as Farmhouse Eggs, Sunups, Sunny Meadow, Egg-Land's Best and Land O' Lakes eggs. “Production at the facility has temporarily ceased,” the company said. “[The virus] is still present in the wild bird population and the extent of possible future outbreaks, with heightened risk during the
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CALM
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