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Bhushan Lodha
5/20/20260 comments

take a look at calm's latest earnings release and tell me their cost of production for 1 dozen eggs

Based on Cal-Maine Foods' (ticker: CALM) latest earnings release for the Third Quarter of Fiscal 2026 (ended February 28, 2026, and reported in April 2026), the base farm production cost (also known as the "nest run" cost) for 1 dozen eggs produced by the company was 95.0 cents ($0.95).

When you factor in packing, delivery, and overhead, the fully-loaded cost to get a dozen eggs to the customer is approximately $1.54.

Here is the exact breakdown of their costs per dozen eggs for the quarter:

Farm Production Costs ("Nest Run"): 95.0¢

  • Feed Cost: 49.4 cents
  • Other Production Costs (Labor, maintenance, etc.): 45.6 cents

Post-Production & Fulfillment Costs: 59.0¢

  • Packing: 33.2 cents
  • Overhead: 12.4 cents
  • Delivery: 8.6 cents
  • Marketing: 4.8 cents

Total Cost per Dozen: ~154.0 cents ($1.54)

Note: The 95-cent production figure applies to the eggs Cal-Maine produces in its own facilities and contract flocks (which accounted for 91.5% of the eggs they sold this quarter). For the remaining eggs that Cal-Maine had to purchase from outside suppliers to meet customer demand, their cost was significantly higher at $2.88 per dozen.

Source: Cal-Maine Egg Production Costs Breakdown

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