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Cal-Maine Foods posted a fourth-quarter net loss of $24.5 million and a fiscal-year loss of $74.3 million. The company blamed an oversupply of eggs and the transition to cage-free production.
Losses at the largest U.S. egg producer signal continued weak egg prices and likely flock reductions that trim future feed demand.
wattagnet.comAustin AlonzoJul 24, 2017Not 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.
