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Bird Flu Has Infected a Second Commercial Egg Layer Farm
After an almost 11-month lull in detections, industry sources tell Urner Barry that high-path avian influenza (HPAI) has infected a US commercial egg layer flock for the second time in as many weeks. The latest outbreak is said to have occurred in Iowa, which is home to approximately 45 million laying hens, making it the nation’s largest egg-producing state.
Last week, the USDA Animal and Plant Health Inspection Service (APHIS) confirmed that a 940,000-bird farm housing mostly conventional hens...
Cal-Maine Foods, Inc. to Acquire Egg Production Assets of Fassio Egg Farms, Inc.
Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today announced a definitive agreement to acquire substantially all the assets of Fassio Egg Farms, Inc. (“Fassio”), related to its commercial shell egg production and processing business. The assets to be acquired, subject to the completion of this transaction, include commercial shell egg production and processing facilities with current capacity of approximately 1.2 million laying hens, primarily cage-free, feed mill...
ANALYSIS: Shell-Egg Stocks Rise to an Almost Year-Long High Amid Soft Demand, Increased Production
The USDA’s National Weekly Shell Egg Inventory report released yesterday afternoon showed a 10% surge in total stocks on hand—the biggest one-week gain reported since April of 2020 when pandemic restrictions ground the nation’s restaurant industry to a halt. At 1.828 million cases, current stocks are the highest reported in eleven months and 6.1% greater than in the year-ago period. That compares with a year-over-year inventory deficit of 15% just four weeks ago.
So, what’s changed...
Cal-Maine Foods, Inc. Names Todd Walters Chief Operating Officer
Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that Todd Walters has been named Chief Operating Officer and Matt Whiteman has been named Vice President, Operations, both effective March 27, 2023.
Walters joined Cal-Maine Foods in 1997. Since 2011, he has served as Vice President of Operations for the Company’s operations in South Texas, as well as our subsidiary Wharton County Foods, LLC’s facility in Boling, Texas. He previously served in management positions at other locations of the Company in Mississippi, Kansas, New Mexico, and Ohio. Walters has served...
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