Cal-Maine Foods, Inc. Closes Acquisition of Remaining Interests in Delta Egg Farm, LLC

  Cal-Maine Foods, Inc. Closes Acquisition of Remaining Interests in Delta Egg
  Farm, LLC

Business Wire

JACKSON, Miss. -- March 3, 2014

Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that it has closed the
previously announced acquisition of 50 percent of the membership interests of
Delta Egg Farm, LLC from Sunbest Foods of Iowa, Inc., a Moark, LLC affiliate.
Delta Egg Farm, LLC owns and operates a feed mill and egg production complex
with capacity for approximately 1.2 million laying hens, located near Delta,
Utah, and an organic egg production complex with capacity for approximately
400,000 laying hens located near Chase, Kansas. With the completion of this
transaction, Delta Egg Farm, LLC, is now a wholly owned subsidiary of the
Company.

Cal-Maine Foods, Inc. is primarily engaged in the production, grading, packing
and saleof fresh shell eggs, including conventional, cage-free, organic and
nutritionally-enhanced eggs. TheCompany, which is headquartered inJackson,
Mississippi, is the largest producer and distributor of fresh shell eggs in
the UnitedStates and sellsthemajority of its shell eggs in approximately
29states across the southwestern, southeastern, mid-western and mid-Atlantic
regions of the United States.

Statements contained in this press release that are not historical facts are
forward-looking statementsas that term is defined in the Private Securities
Litigation Reform Act of 1995. The forward-looking statements are based on
management’s current intent, belief, expectations, estimates and projections
regarding our company and our industry. These statements are not guarantees of
future performance and involve risks, uncertainties, assumptions and other
factorsthat are difficult to predict and may be beyond our control. The
factors that could cause actual results to differ materially from those
projected in the forward-looking statements include, among others, (i) the
risk factors set forth in Item 1A of our Annual Report on Form 10-K for the
fiscal year ended June 1, 2013, as updated by our subsequent Quarterly Reports
on Form 10-Q and Current Reports on Form 8-K), (ii)therisks and hazards
inherent in the shell egg business (including disease, pests, weather
conditionsand potential for recall), (iii)changes in the demand for and
market prices of shell eggs and feed costs, (iv) risks, changes or obligations
that could result from our future acquisition of newflocks or businesses, and
(v) adverse resultsin pending litigationmatters. SEC filings may beobtained
fromthe SEC or the Company’s website, www.calmainefoods.com. Readers are
cautionednot to place undue reliance on forward-looking statementsbecause,
while we believetheassumptions on whichthe forward-looking statements are
based are reasonable, therecan be no assurance that these forward-looking
statements will prove to be accurate. Further,the forward-looking
statementsincluded herein are only made as of the respective dates thereof,
or if nodate is stated, as of thedate hereof. Except as otherwise required
by law, we disclaim any intentor obligation to updatepublicly these
forward-looking statements, whether as aresult of new information, future
events or otherwise.

Contact:

Cal-Maine Foods, Inc.
Dolph Baker, 601-948-6813
Chairman, President and CEO
or
Timothy A. Dawson, 601-948-6813
Vice President and CFO
 
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