08-12-2016, 02:14 PM
(08-12-2016, 01:27 PM)EricL Wrote: Directly from Cal-Maine's website:
Volatility of Egg Prices
Cal-Maine's operating results are significantly affected by wholesale shell egg market prices, which fluctuate widely and are outside of our control. Small increases in production or small decreases in demand can have a large adverse effect on shell egg prices. Shell egg prices trended upward from 2002 until late 2003 and early 2004 when they rose to historical highs.
Fantastic this thing called "Economy", thanks for the great insight! Supply is likely more volatile than demand though I never lost a second thought of how supply could be affected in this scale.