Posts Tagged ‘eggs’

Cal-Maine enters joint venture to build cage-free facility

BY JACK WEATHERLY Cal-Maine Foods has found more room to maneuver, you might say, in what it calls the “uncertain regulatory framework”  in the egg industry. The Jackson-based firm, the largest producer of eggs in the nation, announced April 9 a joint venture with Rose Acre Farms Inc. to build a “cage-free aviary” in Bogata, Texas […] [...]

Cal-Maine income skyrockets as prices rise and costs shrink

By JACK WEATHERLY Net income for Jackson-based Cal-Maine Foods — the nation’s largest producer of eggs — rose in the third fiscal quarter to $50.9 million, its second-biggest quarter ever. Earnings per share were $1.05, compared with 89 cents a year earlier on $42.9 million in net income. Net sales were up 10.6 percent for […] [...]

Cal-Maine Foods, Inc. reports second quarter fiscal 2015 results

by Published: December 24,2014

Tags: agriculture, Business, Cal-Maine, eggs, Mississippi, NEWS

JACKSON — Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced results for the second quarter and six months ended November 29, 2014. Net sales for the second quarter of fiscal 2015 were $378.6 million, a 6.9 percent increase compared with net sales of $354.3 million for the second quarter of fiscal 2014. The Company reported net income of $36.6 […] [...]

Fast food, specialty eggs propel Cal-Maine

by Published: August 11,2014

Tags: agriculture, Business, eggs, Mississippi, poultry

Right now is a good time to be a leader in the U.S. egg market. Americans have a growing national appetite for nutritionally enhanced organic eggs and are forsaking cold cereal and yogurt in favor of picking up a hot egg breakfast at traditional lunch stops like Taco Bell and Subway. And the egg aisle […] [...]

Cal-Maine sets record; sells more than one billion dozen eggs

by Published: July 10,2014

Tags: agriculture, Cal-Maine Foods Inc., Dolph Baker, eggs, record, sales

JACKSON — Cal-Maine Foods Inc. (NASDAQ: CALM) has reached annual sales of over one billion dozen eggs for fiscal 2014 with an expected total of 1.014 billion dozen fresh eggs sold. This sets a new record year of sales for Cal-Maine Foods and the first time any domestic or world egg supplier has surpassed annual […] [...]

Cal-Maine Foods is country’s largest producer of eggs

by Published: April 21,2014

Tags: Business, eggs, Mississippi, Public Companies

Cal-Maine Foods, based in Jackson, is one of Mississippi’s leading business success stories. It began in 1957 when Fred Adams became involved with broiler and egg production and started Adam Enterprises. The 1969 merger with Dairy Fresh of California and Maine Egg Farm formed Cal-Maine with 14 locations. Since that time, Cal-Maine Foods has grown […] [...]

Cal-Maine Foods buying facilities in Texas from Pilgrim’s Pride

JACKSON — Cal-Maine Foods Inc. has reached an agreement to acquire the commercial egg operations of Pilgrim’s Pride Corporation. Terms were not disclosed. The assets to be purchased by Cal-Maine include two production complexes with capacity for approximately 1.4 million laying hens and adjacent land located near Pittsburg, Texas. The company expects to close the […] [...]

Cal-Maine strikes joint venture with Eggland’s Best, Land O’ Lakes

JACKSON — Cal-Maine Foods Inc. has formed a new joint venture between Eggland’s Best Inc., a New Jersey-based egg cooperative, and Land O’ Lakes Inc., a national farmer-owned cooperative based in Minnesota, to produce and sell branded specialty eggs. Pursuant to the terms of the transaction, Eggland’s Best has contributed certain assets, including its trademarks, […] [...]

Cal-Maine sees increased sales, but profits tumble 22 percent

JACKSON — Cal-Maine Foods Inc., the egg seller and distributor, said today that its fiscal third-quarter profit tumbled 22 percent, weighed down by rising feed costs. President and CEO Dolph Baker said in a statement that the company expects feed costs will remain very high and volatile throughout the summer due to tight supplies of […] [...]

Ag commodities groups identify priorites for research, education

ABERDEEN — Advocates for agriculture met recently at the North Mississippi Research and Extension Center in Verona to identify priorities for research and Extension Service education programs at Mississippi State University. Scientists from the Mississippi Agricultural and Forestry Experiment Station, specialists with the MSU Extension Service and almost 250 members of the North Mississippi Producer […] [...]

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