what came first chicken or Peg er Egg? Be eggcellent choose both SAFM & CALM
June 15, 2009
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RELATED TICKERS: CHIC.DL
, KEN
Two companies, leaders and catalyst. Lower feed costs and market fractionalization especially with CALM.
Cal maine eggs (CALM). Yes the last quarter was bad but it lowered earnings expectation. Largest shell egg in the US now taking on the specialty egg
One word about Cal-maine... REACH..From their website
We sell most of our shell eggs in 29 states, primarily in the southwestern, southeastern, mid-western and mid-Atlantic regions of the United States...The strength of our position is evidenced by the fact that we have the largest market share in the grocery segment for shell eggs, and we sell shell eggs to a majority of the largest food retailers in the United States....We are also one of the largest producers and marketers of value-added specialty shell eggs in the United States. Specialty shell eggs include reduced cholesterol, cage free and organic eggs and are a rapidly growing segment of the market.... leading brand in the specialty shell egg segment. We have exclusive license agreements to market and distribute Egg-Land's Best(TM) specialty shell eggs in major metropolitan areas, including New York City, and a number of states in the southeast and southwest.
SAFM( Sanderson Farms) If Bo Pilgrim can make a 25 bagger out of Pilgrims Pride on the pink sheets this one will explode. An equally dedicated family with a large percent ownership. The industry will come back for summer says Marketwatch
http://www.marketwatch.com/story/us-chicken-producers-on-the-mend
Fine folks at Zacks said
"Sanderson Farms Inc. is benefiting from lower costs in its feed supplies, enabling the company to more than triple its second-quarter income from last year. Analysts are bullish, with the next-year estimate projecting 25% earnings growth"