0956 ET - Cal-Maine Foods CEO Sherman Miller says the industry is taking steps to limit supply, after an overabundance of eggs during the recent quarter weighed on pricing and sales. The American Egg Board and Urner Barry, a price benchmarker, have recently cited slowed breeder activity, increased chick cancellations, softer hatchery demand, and more aggressive flock rotations as evidence that flock growth is moderating, Miller says on a call with analysts. "If accurate, these developments are likely to tighten supply in the near term and suggest supply may continue to moderate over the coming quarters," he adds. Cal-Maine shares are off 6.5% after sales tumbled in the recent quarter. (connor.hart@wsj.com)

(END) Dow Jones Newswires

July 22, 2026 09:56 ET (13:56 GMT)

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