News

Cal-Maine Foods Report: Egg Prices and Food Demand

1 Mins read

Cal-Maine Foods, Inc. has recently announced that egg prices have finally returned to their historic norms. This news comes as a relief to many consumers who have seen higher egg prices over the past year due to the impact of the highly pathogenic avian influenza (HPAI) outbreak and rising input costs.

The Impact of HPAI and Fall Migration Season

According to Cal-Maine Foods, the current HPAI outbreak has been more severe than the previous 2014-2015 outbreak. It has lasted twice as long and has affected a larger number of hens in the United States. Although the virus is still present in the wild bird population, there have been no reported cases of HPAI in commercial egg-laying flocks since December 2022. Despite the industry and USDA’s efforts to prevent future outbreaks, no farm is entirely immune. The focus now shifts to the fall migration season, which poses potential risks for the egg supply.

Focus on Affordable Food Choices

President and Chief Executive Sherman Miller predicts that the demand for affordable food options will continue to grow. Cal-Maine Foods, being the largest producer and distributor of fresh shell eggs, is well-prepared to meet this increasing need in communities across the country.

Conclusion

As Cal-Maine Foods announces that egg prices have returned to normal, consumers can expect more affordable choices at the grocery store. The company remains vigilant in its efforts to protect against future HPAI outbreaks and is committed to providing quality, affordable food options for all consumers.

Related posts
News

Strong Ethereum Accumulation Detected: LTH Buying Heavy During June Consolidation | Ethereum Ethereum Accumulation | CryptoRank.io

2 Mins read
Ethereum is trading above $2,400 after enduring several days of volatility and uncertainty. The price has managed to stabilize despite sharp intraday…
News

Economic Calendar for the Week of June 29th

1 Mins read
Notable earnings: 🦗 U.S. economic events: Chicago PMI, Fed Speeches: Bostic, Goolsbee, Dallas Fed Manufacturing Index, Quarterly Grain Stocks (Soy, Wheat, Corn)Best…
News

$TRUMP and other meme coins won't be protected by SEC, Commissioner Hester Peirce says

3 Mins read
LAS VEGAS — Now that the SEC is out of the business of regulating meme coins, investors shouldn’t expect any guidance on…

Leave a Reply

Your email address will not be published. Required fields are marked *