Mississippi Business Journal » eggs

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

MBJ Staff — Thu, 19 Jul 2012 11:28:07 +0000

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 [...]

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

MBJ Staff — Tue, 01 May 2012 19:43:38 +0000

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, [...]

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

MBJ Staff — Mon, 26 Mar 2012 19:46:33 +0000

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 [...]

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Ag commodities groups identify priorites for research, education

MBJ Staff — Wed, 07 Mar 2012 12:50:25 +0000

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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Even with record year, farmers are still hurting

Wally Northway — Mon, 02 Jan 2012 06:00:41 +0000

Despite a challenging year of bad weather and a faltering economy, Mississippi agriculture set a new value record year in 2011, according to a report form the Mississippi State University Extension Service. However, spiraling input costs as well as financial woes at home and abroad and an angry Mother Nature put a squeeze on farmers’ [...]

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Cal-Maine records more sales, improved earnings

Associated Press — Wed, 28 Dec 2011 14:10:14 +0000

JACKSON — Cal-Maine Foods Inc. sold more eggs at higher prices in its fiscal second quarter, boosting profit despite higher feed costs. The nation’s largest producer of fresh eggs, Cal-Maine’s profit rose to $23.3 million, or 97 cents per share, in the quarter ended Nov. 26. That’s up 53 percent from $15.2 million, or 64 [...]

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Poultry group makes significant donation to food bank

MBJ Staff — Thu, 10 Nov 2011 18:17:21 +0000

JACKSON — The Mississippi Poultry Association has donated 10,000 pounds of chicken and 10,000 eggs to the Mississippi Food Network, which distributes food and household items to people across the state. The Mississippi Poultry Association plans to make a similar donation annually. Gov. Haley Barbour chose to give the donation to the Mississippi Food Network [...]

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Cal-Maine exec suffers stroke during commission meeting

MBJ Staff — Mon, 26 Sep 2011 13:29:16 +0000

NATCHEZ — Fred Adams Jr., founder, former CEO and current chairman of the board of directors of Cal-Maine Foods Inc., suffered a mild stroke while attending the International Egg Commission meeting in National Harbor, Md. “Fred Adams suffered a mild stroke, but he is alert and resting comfortably in a Falls Church, Va., hospital,” said [...]

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Cal-Maine sees increase in sales, but income up and down

For the MBJ — Mon, 28 Mar 2011 13:16:14 +0000

JACKSON — Cal-Maine Foods Inc. reports net sales for the third quarter of fiscal 2011 of $274.7 million, compared with net sales of $271.2 million for the same quarter of fiscal 2010. The egg company reported net income of $33.6 million, or $1.41 per basic share, for the third quarter, compared with net income of [...]

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Cal-Maine sees sales rise, earnings fall

Wally Northway — Mon, 27 Dec 2010 14:05:57 +0000

JACKSON — Cal-Maine Foods Inc., for the second quarter ended Nov. 27, 2010, saw net sales of $234.5 million, compared with net sales of $229.2 million for the same quarter of fiscal 2010. The company reported net income of $15.2 million, or $0.64 per basic share, compared with net income of $16.1 million, or $0.68 [...]

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