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One-time charge crimps earnings at Cal-Maine
date:Jul 30, 2013
l corn supply.

For the year, our feed costs per dozen were up 15% compared with fiscal 2012, and the higher input costs adversely affected our gross profit margins, he said. In spite of these cost pressures, our management team has continued to focus on making Cal-Maine an efficient, low-cost producer with consistent operating results. Looking ahead, we are cautiously optimistic about the yield of this years corn and soybean crops, which could provide some relief to our feed costs in fiscal 201

12/24 19:47