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Cal-Maine's profit and shares rose as surging egg prices lifted producer earnings. Avian flu has killed nearly 58 million U.S. birds since the start of 2022, driving up prices for chicken, eggs and other poultry.
Higher egg and poultry prices reflect tight bird supply from disease losses, which supports demand for feed but is a company-level earnings story with limited direct feed price impact.
reuters.comMar 28, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
