Financial Highlights - FY'20
Egg Consumption Continues to Rise
Stable Market Growth
U.S. Egg Market (1) Retail Sales Volume ('000 tons)
CAGR 1.5%
3,987
3,943
3,895
3,841
3,780
3,715
3,657
3,582
2017
2018
2019
2020E
2021E
2022E
2023E
2024E
Select Consumers Are Willing to Pay Premium for Cage-Free Eggs
Average Cage-Free Egg Selling Price Per Dozen ($)
$2.98
$2.80
$2.66
$2.48
$2.31
$0.94
$1.60
$1.14
$1.58
$1.26
$2.07
$1.21
$1.36
$1.01
$1.05
2015
2016
(Per Capita)
260
Domestic Egg Consumption (2)
CAGR 3.1%
282
2017
2018
2019
2015
2017
2019
Average Annual Cage-Free Premium
13
Average Annual Grade AA Egg Price
Source: USDA, WASDE, Euromonitor and Wall Street research.
(1)
Includes all fresh eggs, egg whites and liquid or dry egg products.
(2)
Measure of total egg production, less exports, plus imports, divided by the total population.
293
EM
Cal-Maine Foods, Inc.View entire presentation