Knowledge (XXG)

Cal-Maine

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In 2018, an investigation at Lake Wales Farm by the animal rights group Animal Recovery Mission (ARM) indicated that chickens suffered inhumane living conditions and abuse by employees. After further investigation by the Polk County sheriff's department and the United States Department of Agriculture
233:, in the spring of 2020, Cal-Maine increased egg prices over 300% - from $ 1 to $ 3.44 per dozen. This triggered at least one lawsuit challenging the price jump as unjustified, since there hadn't been an actual supply chain interruption. 185:. Its eggs are sold mostly in mid-Atlantic, midwestern, southeastern, and southwestern states. These regions account for approximately a quarter of US egg consumption. Cal-Maine is a public company trading on the 559: 554: 549: 220:(USDA), it was found that the farm had followed American Veterinary Medical Association (AVMA) protocols for euthanizing poultry. No confirmation of abuse was found. 564: 351: 569: 456: 478: 378: 406: 225: 274:
In March 2024, it was announced Cal-Maine had completed the acquisition of a broiler processing plant, hatchery and feed mill in
352:"Cal-Maine Foods, Inc. Announces New Joint Venture by Eggland's Best and Land O'Lakes Combining Their Specialty Egg Businesses" 216:
of Eggland's Best and one of the company's 13 shareholders. As of 2011, 16 percent of Cal-Maine egg sales were Eggland's Best.
502: 324: 54: 574: 260: 182: 105: 87: 271:, originally filed the long-running lawsuit in 2011, but it did not reach trial until October 2023. 428: 433: 267:
between 2004 and 2008. The plaintiffs in the case, a group of large food manufacturers led by
230: 205: 275: 133: 256: 209: 189:, headed by its founder, Fred R. Adams, Jr., whose family owns a controlling interest. 28: 543: 355: 198: 49: 36: 457:"U.S. egg producers conspired to fix prices from 2004 to 2008, a federal jury ruled" 264: 279: 268: 213: 202: 407:"Suit alleges Costco, Trader Joe's and others hiked egg prices during pandemic" 244:, Florida facilities. The fire killed over 240,000 chickens, including 120,000 178: 251:
In November 2023, the company was found liable in a lawsuit alleging that it
383: 252: 241: 329: 245: 186: 45: 379:"Investigation Suggests Brutal Abuse Of Chickens At Lake Wales Farm" 263:, and United States Egg Marketers, to reduce the supply of eggs and 429:"At Least 240,000 Chickens Are Killed in Fire at Florida Egg Farm" 116: 532: 479:"Kraft, Kellogg Go After Egg Producers for Price-Fixing Scheme" 503:"Cal-Maine Foods completes acquisition of Tyson Foods' assets" 278:
from the American multinational food processing corporation,
248:; the financial loss was estimated to be over $ 1 million. 163: 325:"Egg Makers Are Freaked Out By The Cage-Free Future" 240:
17, 2020, a fire destroyed two barns at Cal-Maine's
158: 148: 131: 114: 95: 82: 64: 34: 24: 8: 560:Food and drink companies established in 1969 19: 181:producer, established in 1969 and based in 18: 555:Companies based in Jackson, Mississippi 550:Food manufacturers of the United States 315: 197:On May 1, 2012, Cal-Maine announced a 294:Southern Equipment Distributors, Inc. 7: 16:Egg producer in Jackson, Mississippi 405:Guerrero, Susana (April 24, 2020). 377:Francuz, James (January 16, 2018). 565:1969 establishments in Mississippi 14: 427:Vigdor, Neil (17 December 2020). 455:Volmert, Isabella (2023-11-22). 236:Early in the morning of December 140: 139: 123: 122: 100: 99: 323:Wong, Vanessa (21 March 2017). 570:Companies listed on the Nasdaq 1: 477:Arcieri, Katie (2023-10-17). 297:South Texas Applicators, Inc. 212:. Cal-Maine was the largest 300:Cal-Maine Partnership, Ltd. 282:for an undisclosed amount. 70:; 67 years ago 591: 303:CMF of Kansas, LLCads 2004 226:San Francisco Chronicle 144:US$ 1.01 billion (2020) 127:US$ 1.21 billion (2020) 286:Principal subsidiaries 291:Cal-Maine Farms, Inc. 229:, in response to the 177:is an American fresh 175:Cal-Maine Foods, Inc. 20:Cal-Maine Foods, Inc. 261:United Egg Producers 183:Jackson, Mississippi 154:3,461 (May 30, 2020) 88:Jackson, Mississippi 150:Number of employees 21: 459:. Associated Press 434:The New York Times 231:COVID-19 pandemic 223:According to the 172: 171: 582: 536: 535: 533:Official website 518: 517: 515: 514: 499: 493: 492: 490: 489: 474: 468: 467: 465: 464: 452: 446: 445: 443: 441: 424: 418: 417: 415: 413: 402: 396: 395: 393: 391: 374: 368: 367: 365: 363: 348: 342: 341: 339: 337: 320: 276:Dexter, Missouri 239: 168: 165: 143: 142: 136: 126: 125: 119: 109: 103: 102: 91: 78: 76: 71: 22: 590: 589: 585: 584: 583: 581: 580: 579: 540: 539: 531: 530: 527: 522: 521: 512: 510: 501: 500: 496: 487: 485: 476: 475: 471: 462: 460: 454: 453: 449: 439: 437: 426: 425: 421: 411: 409: 404: 403: 399: 389: 387: 376: 375: 371: 361: 359: 350: 349: 345: 335: 333: 322: 321: 317: 312: 288: 265:increase prices 257:Rose Acre Farms 237: 195: 162: 151: 132: 115: 104: 86: 74: 72: 69: 60: 39: 17: 12: 11: 5: 588: 586: 578: 577: 572: 567: 562: 557: 552: 542: 541: 538: 537: 526: 525:External links 523: 520: 519: 494: 469: 447: 419: 397: 369: 343: 314: 313: 311: 308: 307: 306: 304: 301: 298: 295: 292: 287: 284: 206:Eggland's Best 194: 193:Recent history 191: 170: 169: 160: 156: 155: 152: 149: 146: 145: 137: 129: 128: 120: 112: 111: 97: 93: 92: 84: 80: 79: 66: 62: 61: 59: 58: 52: 42: 40: 35: 32: 31: 26: 15: 13: 10: 9: 6: 4: 3: 2: 587: 576: 573: 571: 568: 566: 563: 561: 558: 556: 553: 551: 548: 547: 545: 534: 529: 528: 524: 508: 507:FoodBev Media 504: 498: 495: 484: 483:Bloomberg Law 480: 473: 470: 458: 451: 448: 436: 435: 430: 423: 420: 408: 401: 398: 386: 385: 380: 373: 370: 358:. May 1, 2012 357: 356:Business Wire 353: 347: 344: 332: 331: 326: 319: 316: 309: 305: 302: 299: 296: 293: 290: 289: 285: 283: 281: 277: 272: 270: 266: 262: 258: 255:, along with 254: 249: 247: 243: 234: 232: 228: 227: 221: 217: 215: 211: 207: 204: 200: 199:joint venture 192: 190: 188: 184: 180: 176: 167: 164:calmainefoods 161: 157: 153: 147: 138: 135: 130: 121: 118: 113: 107: 98: 94: 89: 85: 81: 67: 63: 56: 53: 51: 47: 44: 43: 41: 38: 33: 30: 27: 23: 511:. Retrieved 509:. 2024-03-19 506: 497: 486:. Retrieved 482: 472: 461:. Retrieved 450: 438:. Retrieved 432: 422: 410:. Retrieved 400: 388:. Retrieved 382: 372: 360:. Retrieved 346: 334:. Retrieved 328: 318: 273: 250: 235: 224: 222: 218: 210:Land O'Lakes 201:between the 196: 174: 173: 134:Total equity 117:Total assets 108:1.35 billion 83:Headquarters 25:Company type 575:Eggs (food) 440:18 December 390:January 17, 280:Tyson Foods 269:Kraft Foods 203:cooperative 55:S&P 600 544:Categories 513:2024-03-19 488:2023-11-25 463:2023-11-25 310:References 214:franchisee 412:April 25, 384:Inquisitr 242:Dade City 57:component 37:Traded as 330:BuzzFeed 253:colluded 362:May 21, 336:14 June 246:pullets 159:Website 96:Revenue 73: ( 65:Founded 48::  238:  187:NASDAQ 110:(2020) 90:, U.S. 46:Nasdaq 29:Public 442:2020 414:2020 392:2018 364:2019 338:2017 208:and 166:.com 106:US$ 75:1957 68:1957 50:CALM 179:egg 546:: 505:. 481:. 431:. 381:. 354:. 327:. 259:, 516:. 491:. 466:. 444:. 416:. 394:. 366:. 340:. 77:)

Index

Public
Traded as
Nasdaq
CALM
S&P 600
Jackson, Mississippi
US$
Total assets
Total equity
calmainefoods.com
egg
Jackson, Mississippi
NASDAQ
joint venture
cooperative
Eggland's Best
Land O'Lakes
franchisee
San Francisco Chronicle
COVID-19 pandemic
Dade City
pullets
colluded
Rose Acre Farms
United Egg Producers
increase prices
Kraft Foods
Dexter, Missouri
Tyson Foods
"Egg Makers Are Freaked Out By The Cage-Free Future"

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