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Stock impact report

Cal-Maine discloses DoJ egg prices probe [Yahoo! Finance]

Cal-Maine Foods, Inc. (CALM) 
Last cal-maine foods, inc. earnings: 1/5 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: calmainefoods.com/investors
Company Research Source: Yahoo! Finance
The company, one of the largest suppliers of eggs in the US, has disclosed that in March, it “received civil investigative demand" linked to what the company called "a widely publicised investigation by the Antitrust Division of the Department of Justice into the causes behind nationwide increases in egg prices”. Cal-Maine said it is “cooperating with the investigation”. Just Food has approached the publicly listed group for further comment. Yesterday (10 April), the US Bureau of Labor Statistics reported a 5.9% month-on-month rise in egg prices in March. Over the past year, egg prices have surged by more than 60%, the data shows, amid an outbreak of highly pathogenic avian influenza, or HPAI. Cal-Maine made the disclosure about the DoJ probe alongside the publication of its third-quarter results for fiscal 2025. The figures for the period, which ended on 1 March, reported an average net price of $4.06 per dozen eggs versus $2.25 a year ago. In the earnings announcement, Sher Show less Read more
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