# Cal-Maine profits soar, driven by higher egg prices and supply demands | Agriculture Dive

> Cal-Maine's first-quarter profits rose sharply on higher egg prices and tight supply after bird flu losses. Feed costs per dozen fell 17% year over year, while sales rose to $786 million as the company bought more eggs from outside suppliers.

- Date: 2024-10-03 · published 2024-10-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27873-cal-maine-profits-soar-driven-by-higher-egg-prices-and-supply-demands
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower feed costs per dozen reflect cheaper grain inputs, while elevated egg prices indicate a tight layer supply that supports ongoing hen rebuilding demand.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼

## Sources

- agriculturedive.com: https://www.agriculturedive.com/news/cal-maine-profits-soar-first-quarter-higher-egg-prices-and-supply-demands/728799/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.