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[ Fri, May 16th 2025 ]: Fortune
CD rates today, May 16, 2025

America's largest egg producer saw profits triple last quarter after raking in millions in government assistance

The egg giant sold 20% more eggs, but collected about 350% more dollars as it did pre-pandemic.
In April 2025, Cal-Maine Foods, the largest egg producer in the U.S., reported a significant increase in profits due to a surge in egg prices, which were influenced by the ongoing bird flu outbreak. The company's profits soared as egg prices reached record highs, driven by reduced supply caused by the culling of millions of hens to control the spread of the virus. Despite the price hikes, consumer demand for eggs remained strong, contributing to Cal-Maine's robust financial performance. The article highlights the impact of the bird flu on the egg market and discusses the broader implications for the poultry industry and food prices.

Read the Full Fortune Article at:
[ https://fortune.com/2025/04/10/egg-prices-profits-cal-maine-bird-flu/ ]