date:Jan 10, 2013
basis, egg processor Cal-Maine Foods paid 23% more for feed during the second quarter of fiscal 2013, ended Dec. 1, than it did during the same period of the previous year. The higher feed costs combined with costs associated with recent acquisitions were reflected in the companys second-quarter earnings.
For the quarter the company earned $14,290,000, equal to 60c per share on the common stock, a decline compared with the second quarter of fiscal 2012 when the company earned $23,260,000, or 9