Cal-Maine Foods Reports Test Result For Avian Influenza At Kansas Facility; Affecting ~1.6% Of Company's Total Flock
Portfolio Pulse from Benzinga Newsdesk
Cal-Maine Foods has reported a case of Avian Influenza at its Kansas facility, impacting approximately 1.6% of its total flock. Production at the affected facility has been halted, following USDA protocols. The company is seeking alternative production means to reduce customer disruption.
December 12, 2023 | 9:29 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Cal-Maine Foods' Kansas facility has ceased production due to Avian Influenza, affecting a small portion of its flock. The company is taking steps to continue supply and minimize customer impact.
The news of Avian Influenza at a Cal-Maine Foods facility is likely to negatively impact CALM's stock price in the short term due to concerns over production halts and potential supply disruptions. Although the company is actively working to mitigate the impact, the affected facility accounts for a significant portion of the company's flock, which could lead to a negative perception among investors and possible financial repercussions.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90