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Tag Archives: eggs

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

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 primarily through acquisition. Today, Cal-Maine ...

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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 transaction in August 2012. Dolph ...

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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, into a new limited liability ...

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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 corn and soybeans, which are ...

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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 Advisory Council spent the day ...

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Even with record year, farmers are still hurting

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’ bottom line last year. The ...

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Cal-Maine records more sales, improved earnings

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 cents per share, in the ...

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Poultry group makes significant donation to food bank

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 for its broad reach across ...

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Cal-Maine exec suffers stroke during commission meeting

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 Cal-Maine CEO and president Dolph ...

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

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 $34.5 million, or $1.45 per ...

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