Markets
6.9
Egg prices fall 70% on bird flu recovery; Cal-Maine stock rallies post-earnings
Cal-Maine Foods reported strong earnings despite a dramatic 70% decline in conventional egg prices, signaling recovery from earlier avian influenza disruptions that had spiked prices. The stock market reaction suggests investors view the price normalization as evidence of restored supply and sustainable profitability at lower price points. The timing ahead of Easter—peak demand season—indicates supply chain stabilization.