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CALM
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160 days

Why record-high egg prices won’t go down anytime soon — and it’s not just due to bird flu - MarketWatch

1. Average egg prices hit record $5.90; bird flu major factor. 2. Cal-Maine Foods reported increased revenue due to high consumer demand. 3. Justice Department investigates potential price manipulation by egg producers. 4. Production costs rising due to bird flu and regulatory changes. 5. Stable egg prices around $3 to $3.50 expected in future.

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FAQ

Why Bullish?

Increased consumer demand and higher prices positively influence CALM's revenue potential. Similar past situations showed revenue growth for egg suppliers during price spikes.

How important is it?

The article discusses factors impacting egg prices, directly affecting CALM's market dynamics. Insights into production costs and consumer demand are crucial for CALM's financial forecasts.

Why Long Term?

Persistent high prices suggest long-term profitability, but regulatory changes may stabilize prices. Historical trends indicate profitability following recovery from avian influenza outbreaks.

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