The boost from the avian flu outbreak to US egg values, which have doubled in the key New York market, is not over yet Cal-Maine Foods said, as it unveiled a five-fold surge in earnings thanks to the price surge.
The US egg industry “is still feeling the effects of the substantial reduction in the national laying hen flock” prompted by the outbreak in the spring of avian flu, said Dolph Baker, chairman and chief executive at Cal-Maine Foods, the world’s biggest egg producer.
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