Egg Hyperinflation Could Spike Grocery Prices: Why Cal-Maine, …

Dec 12, 2024 · Producer price index for eggs surged 55.6% monthly in November, marking an 80.2% annual increase. Egg producers see potential for profit as costs pass to consumers; Cal-Maine shares up 87% year to ...

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Egg Hyperinflation Could Spike Grocery Prices: Why Cal-Maine, …

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Egg Hyperinflation Could Spike Grocery Prices: Why Cal-Maine, …

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Dec 12, 2024 · Egg prices surge in US, with PPI for 'eggs for fresh use' up 55.6% month-over-month. Producers see higher profits, stocks soar, consumers to pay more. Egg prices are …

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Egg Inflation Gives Top US Producer Cal-Maine A 127% Stock Rally

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Dec 12, 2024 · Shares of the top US egg supplier Cal-Maine Foods Inc. have more than doubled over the past year, gaining 127% in the period to hit record levels on Thursday. Smaller rival …

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Egg Hyperinflation Could Spike Grocery Prices: Why Cal-Maine, …

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Egg prices are once again spiraling out of control in the U.S., with the Producer Price Index for “eggs for fresh use” surging 55.6% month-over-month in November and a staggering 80.2% …

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Higher Egg Prices, Lower Costs Drive Cal-Maine Foods Gains

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Oct 9, 2024 · The avian flu outbreak reduced the U.S. egg supply, causing egg prices to become a big inflation factor (the net average selling price for a dozen eggs rose to $2.39 from $1.59 a …

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Why Egg Prices Are Cracking Wallets Again

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Dec 13, 2024 · Egg Hyperinflation Could Spike Grocery Prices: Why Cal-Maine, Vital Farms Are Soaring. Egg hyperinflation is back, with producer costs skyrocketing 55.6% in November, …

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Egg Prices Boost Cal-Maine’s Sales More Than 70% Higher

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Cal-Maine CALM, the largest egg producer and distributor in the U.S., said that first-quarter 2025 sales rose to $786 million, from $489 million in the year-ago quarter and expectations around ...

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Egg Hyperinflation Could Spike Grocery Prices: Why Cal-Maine, …

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Eggprices are once again spiraling out of control in the U.S., with the Producer Price Index for 'eggs for fresh use' surging 55.6% month-over-month in November and a staggering 80.2% …

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Country’s Largest Egg Producer Saw Profits Surge 718% Amid

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Mar 29, 2023 · Thanks to soaring retail egg prices nationwide as Cal-Maine’s competitors dealt with an avian flu outbreak that caused egg shortages, Cal-Maine scored $323 million in profits …

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Egg Prices Soar As Producers Like Cal-Maine Gain! - Jurnal Time

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2 days ago · In its second quarter earnings report, Cal-Maine Foods revealed a remarkable 82% year-over-year revenue surge to $954.7 million, surpassing analysts' projections of $751.5 …

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TradeUI - Egg Hyperinflation Could Spike Grocery Prices: Why Cal …

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Egg prices surge in US, with PPI for 'eggs for fresh use' up 55.6% month-over-month. Producers see higher profits, stocks soar, consumers to pay more.

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Why Eggs Are Nearly $9 A Dozen In California - And When Prices …

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4 days ago · By Myra P. Saefong . Spike in bird flu cases may still help lift U.S. egg prices above 2023's record high, analyst says . Egg prices at the grocery store shocked many consumers …

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Maine Grocery Stores Run Low On Eggs, Prices Rise Due To Avian Flu ...

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3 days ago · A report from the USDA shared that the average national price for loose, large white conventional eggs was $2.50 per dozen at the end of November. Those same eggs now cost …

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Where Are The Eggs? And Why Are They Expensive? Here's What To …

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2 days ago · In a Jan. 9, 2025 search of seven grocery stores in Eugene, the cheapest option the Register-Guard found was $4.49 for a dozen cage-free eggs at Whole Foods Market, with …

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FAQs about Egg Hyperinflation Could Spike Grocery Prices: Why Cal-Maine, … Coupon?

Which US egg supplier has soared 127% over the past year?

Most Read from Bloomberg Shares of the top US egg supplier Cal-Maine Foods Inc. have more than doubled over the past year, gaining 127% in the period to hit record levels on Thursday. Smaller rival egg company Vital Farms Inc. has surged 152%. ...

Which US egg suppliers have soared the most over the past year?

Shares of the top US egg supplier Cal-Maine Foods Inc. have more than doubled over the past year, gaining 127% in the period to hit record levels on Thursday. Smaller rival egg company Vital Farms Inc. has surged 152%. The companies have outperformed all major animal protein suppliers including Tyson Foods Inc., Pilgrim’s Pride Corp. and JBS SA. ...

Why have shell eggs risen this fiscal year?

"Our results also reflect higher market prices, which have continued to rise this fiscal year as supply levels of shell eggs have been restricted due to recent outbreaks of highly pathogenic avian influenza ('HPAI')," Cal-Maine Foods CEO Sherman Miller said in the release. ...

What caused high egg prices in 2022 & 2023?

Cal-Maine did not respond to a request from CNN for comment. “High egg prices in 2022 and 2023 were a product of price-gouging by dominant egg producers, who used the cover of inflation and avian flu to extract profit margins as high as 40% on a dozen loose eggs,” the Farm Action report concluded. ...

Why did egg prices rise 55% in November?

Egg supplies have been constrained by a bird flu outbreak, and higher prices for the food helped to drive an unexpected acceleration for US wholesale inflation in November. The producer price index on Thursday showed egg prices surged 55% from a month earlier. ...

Are egg prices a legitimate response to corporate greed?

“American families working to put food on the table deserve to know whether the increased prices they are paying for eggs represent a legitimate response to reduced supply or out-of-control corporate greed,” said a letter sent by Sen. Elizabeth Warren and Rep. Katie Porter to Cal-Maine and other major egg producers last month. ...