Who Makes Money From Eggs

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For Cal-Maine Foods, the nation's largest egg producer, 2022 was a bit of an eggstravaganza. While consumers paid $4.30 on average in December 2022 for a dozen eggs compared to $1.80 in 2021, Cal-Maine Foods reported a nearly 32% increase in revenue in 2022 from 2021. There are 373 million laying hens around the United states as of January 2023, according to the United States Department of Agriculture (USDA). After hens lay eggs at a farm, they get graded by the USDA and put into cartons, sold to retailers, and then purchased by you, the consumer. Cal-Maine Foods, the only public egg producer, holds 16.8% of market share. Like some of the other larger companies, it operates farms, processing plants, hatcheries, feed mills, warehouses, offices, and other properties around the country. Some other egg producers include Rose Acre Farms, Versova Holdings and Hillandale Farms. Eggs are an about $10 billion industry with nearly 13% growth annually in profit from 2017 to 2022, according to IBISWorld. But it’s a volatile one that is sensitive to market changes or environmental factors. It's also an industry with its fair share of controversy. Watch this video to learn who profits from this $10 billion industry. Chapters: 0:00 — Introduction 01:31 — The egg industry 03:07 — Cal-Mal Foods 05:00 — Threads 11:22 — Outlook Produced by: Emily Lorsch Edited by: Nora Rappaport Senior Managing Producer: Tala Hadavi Graphics by: Christina Locopo Additional Footage: The Humane Society of th

Published 2023-02-25 · Watch on YouTube ↗
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