Cal-Maine Foods Rises on Higher Prices, Demand Lucas Downey Thu, January 23, 2025 at 8:08 AM EST 3 min read In This Article: CALM -6.13% CALM is the biggest shell egg producer and distributor in the U.S. Another avian flu outbreak reduced the egg supply, making prices rise again. Although the virus cannot survive in properly cooked eggs, it has still had a big effect on CALM’s business. In terms of growth, last year the company announced capital spending projects aimed to grow cage-free production. Recent corporate acquisitions have boosted CALM’s overall prospects too. Financially, Cal-Maine Foods reported $219.1 million in net income for fiscal 2025’s second quarter. The company recorded record sales of total dozens and specialty dozens, along with paying a dividend of $1.49 per share. CALM’s quarterly sales were $954.7 million, which is a big rise over the previous year. It’s no wonder CALM shares are up over 103% in a year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock. Big Money Buying Cal-Maine Foods Institutional volumes reveal plenty. Recently, CALM has enjoyed strong investor demand, which we believe to be institutional support. Each green bar signals unusually large volumes in CALM shares. They reflect our proprietary inflow signal, pushing the stock higher:
It is somewhat similar to the the Irish Potato famine. The crops failed. People couldn't afford food. They bought potatoes as a cheap substitute. The increase in demand pushed the price sky high. A similar situation because of food inflation is developing with eggs.
https://finance.yahoo.com/news/eggs-may-expensive-forever-090602157.html ""Large eggs on the West Coast right now are $8.86, and that's because California and the Pacific Northwest mandates cage-free eggs on shelves," Rispoli said, adding that bird flu was exacerbating the issue. "Any state where cage-free supplies are mandated are going to face additional challenges just because of the amount of cage-free production that's been lost to the bird flu," she said."