# Cal-Maine eyes egg expansion as bird flu weighs on earnings | Agriculture Dive

> Cal-Maine Foods, the largest US egg producer, reported fiscal 2024 sales down about 26% to $2.3 billion amid lower egg prices and bird flu outbreaks in Kansas and Texas. The company is acquiring assets to expand cage-free and specialty egg production and expects repopulation of affected facilities by year-end.

- Date: 2024-07-24 · published 2024-07-24T12:00:00.000Z
- Category: disease · region US · magnitude low
- Page: https://feedsoft.ai/events/29266-cal-maine-eyes-egg-expansion-as-bird-flu-weighs-on-earnings-agriculture-dive
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Bird flu losses tighten layer supply, but Cal-Maine's expansion signals expected future egg demand growth; feed demand from layer flocks is only modestly affected.

## Read by commodity

- SBM: neutral
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-09-03 | [Why eggs are becoming expensive again \| Agriculture Dive](https://feedsoft.ai/events/28303-why-eggs-are-becoming-expensive-again-agriculture-dive.md) | +1.3% | +6.3% |
| CORN | 2018-12-14 | [Egg price hike due to bird flu and supply shortage, says Agriculture Minister \| The Star](https://feedsoft.ai/events/61577-egg-price-hike-due-to-bird-flu-and-supply-shortage-says-agriculture-minister.md) | +0.5% | +0.1% |
| CORN | 2026-10-20 | [Bird flu could make eggs more expensive this winter. Why don’t we use vaccines to stop it? \| Vox](https://feedsoft.ai/events/17123-bird-flu-could-make-eggs-more-expensive-this-winter-why-don-t-we-use-vaccines.md) | -0.9% | — |
| CORN | 2023-04-12 | [Eggs off the menu as Japan battles bird flu crisis](https://feedsoft.ai/events/36416-eggs-off-the-menu-as-japan-battles-bird-flu-crisis.md) | +0.7% | -0.9% |
| CORN | 2024-02-16 | [With bird flu vaccine 18 months away, U.S. chicken demand moderates - Selina Wamucii \| Food & Agriculture News](https://feedsoft.ai/events/31828-with-bird-flu-vaccine-18-months-away-u-s-chicken-demand-moderates-selina.md) | +0.5% | +4.8% |
| SBM | 2024-09-03 | [Why eggs are becoming expensive again \| Agriculture Dive](https://feedsoft.ai/events/28303-why-eggs-are-becoming-expensive-again-agriculture-dive.md) | +1.8% | +9.7% |
| SBM | 2018-12-14 | [Egg price hike due to bird flu and supply shortage, says Agriculture Minister \| The Star](https://feedsoft.ai/events/61577-egg-price-hike-due-to-bird-flu-and-supply-shortage-says-agriculture-minister.md) | -0.5% | -0.8% |
| SBM | 2026-10-20 | [Bird flu could make eggs more expensive this winter. Why don’t we use vaccines to stop it? \| Vox](https://feedsoft.ai/events/17123-bird-flu-could-make-eggs-more-expensive-this-winter-why-don-t-we-use-vaccines.md) | -1.9% | — |

## Sources

- agriculturedive.com: https://www.agriculturedive.com/news/cal-maine-earnings-bird-flu-eggs/722275/

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