Egg Prices Decrease 13% in April: What's Next for the CALM Stock?

Cal-Maine Foods, Inc. (CALM) has been delivering improved results and notable share price gains, riding on elevated egg prices and robust sales volumes. Prices surged as the highly pathogenic avian influenza (HPAI) impacted poultry farms across the United States, impacting supply. However, the latest Consumer Price Index (CPI) data from the U.S. Bureau of Labor Statistics paints a different picture, with egg prices dropping 12.7% in April. This was the first monthly decline since October 2024.This shift rai ...