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Stock impact report

Egg prices are rapidly falling so far in March [CNBC]

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: CNBC
Egg prices have fallen sharply so far in March on some progress in ending a shortage, giving consumers some much-needed relief with the supermarket staple. The cost of white large shell eggs declined to $6.85 per dozen, on average, last week, from the U.S. Department of Agriculture. That represents a decline of $1.20 per dozen, and a 15% pull back the USDA's prior update on Feb. 28. “Demand for shell eggs continues to fade into the new month as no significant outbreaks of HPAI [highly pathogenic avian influenza] have been detected in nearly two weeks,” the USDA wrote in its March 7 weekly update. “This respite has provided an opportunity for production to make progress in reducing recent shell egg shortages.” Egg prices have become a key pressure point for consumers that are tired of sticky inflation and worried about more potential price increases due to President Donald Trump's tariffs on a wide array of imports. While it is still unknown the full ramifications of the duties Show less Read more
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