CALM's Strategic Cage-Free Expansion Sets It for Solid Market Gains

Key Takeaways Cal-Maine Foods (CALM) is moving ahead with its $60 million expansion plan, aimed at expanding capacity for 1.1 million cage-free layer hens and 250,000 pullets by end of 2025. This is part of CALM's multi-year strategy to capitalize on shifting consumer preference for cage-free eggs. With ten U.S. states enforcing cage- free egg production by 2030, around 73% of U.S non-organic laying hens will need to be transitioned to cage- free systems to meet demand. To address this evolving market, Cal- ...