1、2007 Annual Report Color indicatesCal-Maines major market areas.Cal-Maine Foods,Inc.is primarily engaged in the production,grading,packing and sale of fresh shell eggs.TheCompany,headquartered in Jackson,Mississippi,is the largest producer and distributor of fresh shell eggs in theUnited States with
2、 fiscal 2007 sales of approximately 685 million dozen shell eggs,representing approximately15.5 percent of domestic shell egg consumption in the United States.The common shares of Cal-Maine Foods,Inc.are traded on the Nasdaq National Market under the symbolCALM.CAL-MAINE FOODS,INC.alabamaRobertsdale
3、arkansasGreen ForestSearcySiloam Springs floridaBrooksvilleBushnellCallahanKenansvilleLake CityLake WalesMascotteQuincyWellborngeorgiaBlackshearGainesvilleMoniacShady DalekansasChasekentuckyBremenGuthrielouisianaHammondPine GrovePonchatoulamississippiEdwardsJackson(Corporate Offices)Mendenhallnew me
4、xicoAlbuquerquenorth carolinaLouisburgohioRossburgUnion CityoklahomaWattssouth carolinaBethunetennesseeClarksvilletexasFlatoniaHarwoodIdalouKleselLinnWaelderutahDeltaCAL-MAINE LOCATIONS TO OUR SHAREHOLDERS:Fiscal 2007 was a very good year for Cal-Maine Foods.For the year,we reported net sales of$598
5、.1 million,an increase of 25 percent compared with net sales of$477.6 million for fiscal 2006.Net income was$36.7 million,or$1.66 per share,for fiscal 2007 compared with a net loss of$1.0 million,or$0.04 per share,in fiscal 2006.Fiscal 2007 was a transition year for the Company after many years of l
6、ow cost feed for our chickens.Market prices for corn and soybean meal,our primary feed ingredients,increased substantially over the year,resulting in much higher feed costs for the Company compared with prior years.Strong demand for corn by ethanol plants caused corn prices to increase by 50 to 60 p