Cal-Maine Foods, Inc. (CALM) 2000年年度报告「NYSE」.pdf

1、Cal-Maine Foods,Inc.2000Annual Report to ShareholdersAlabamaAshlandLinevilleArkansasHopeLincolnSearcyGeorgiaGainesvilleHartwellShady DaleKansasChaseKentuckyBremenGuthrieLouisianaHammondPine GroveMississippiEdwardsJackson(Corporate Offices)MendenhallNew MexicoAlbuquerqueNorth CarolinaGreenvilleLouisb

2、urgOhioRossburgUnion CityOklahomaWestvilleSouth CarolinaBethuneTennesseeClarksvilleTexasFlatoniaHarwoodIdalouLagrangeWaelderUtahDeltaColor indicatesCal-Maines majormarket areas.Cal-Maine Foods,Inc.Cal-Maine Foods,Inc.is engaged in the production,cleaning,grading,packing and sale of fresh shell eggs.

3、The Company is the nations largest producer and distributor of fresh shell eggs,with fiscal 2000 sales ofapproximately 526 million dozen shell eggs,representing approximately 13%of all shell eggs sold in theUnited States.Cal-Maine primarily markets its shell eggs in 26 states,chiefly in the southwes

4、tern,southeast-ern,mid-western and mid-Atlantic regions of the United States.The common shares of Cal-Maine Foods,Inc.are traded on the Nasdaq National Market under the symbol CALM.Cal-Maine LocationsLetter to Stockholders:As we indicated in last years annual report,we expected fiscal 2000 to be a d

5、ifficult year for Cal-Maine andthe egg industry as a whole.Dozens of eggs sold by the Company increased 24%in fiscal 2000 compared withfiscal 1999 to a record 526 million.Egg prices were down sharply compared with fiscal 1999.The lower priceof eggs reflects increased supply in the United States and

6、weak export demand.Operating efficiency in the Company remains good.We showed further improvements in fiscal 2000.Wehad a tight labor market in most locations with modest wage increases during the year.Improved productivityhas more than offset the wage increases.Feed costs were favorable during fisc