Exhibit 99.1

[Logo of Michael Foods, Inc.]

		NEWS
	301 Carlson Parkway ¡ Suite 400 ¡ Minnetonka, MN 55305 ¡ (952) 258-4000 FAX (952) 258-4911 Visit Michael Foods, Inc. on the Internet: www.michaelfoods.com
CONTACT:	Mark D. Witmer Treasurer & Secretary (952) 258-4906

For Immediate Release

MICHAEL FOODS REPORTS THIRD QUARTER RESULTS

MINNETONKA, MN, November 13—Michael Foods, Inc. today reported financial results for the third quarter of 2009. Net earnings for the quarter ended October 3, 2009 were $18.5 million, compared to $11.0 million in 2008. Net sales for the quarter ended October 3, 2009 were $382.1 million, compared to $450.1 million in 2008. Net earnings for the nine months ended October 3, 2009 were $49.9 million, compared to $33.6 million in 2008. Net sales for the nine months ended October 3, 2009 were $1,152.5 million, compared to $1,320.1 million in 2008.

Earnings before interest, taxes, depreciation and amortization and other adjustments (EBITDA, as defined in the Company’s credit facility) for the quarter ended October 3, 2009 increased 12% to $57.7 million, compared to $51.6 million in 2008. EBITDA for the nine months ended October 3, 2009 increased 10% to $160.3 million, compared to $145.8 million in 2008. Michael Foods, Inc. uses EBITDA as a measurement of financial results, as an indication of the relative strength of its operating performance and to determine incentive compensation levels.

Commenting on the results, Executive Chairman Gregg A. Ostrander said, “Our third quarter results were driven by the continued improved results for Crystal Farms and Foodservice egg products. Specifically, Crystal Farms branded and private-label cheese volumes and margins improved compared to 2008 levels. Within the Foodservice sector, our egg products margins improved, reflecting our continued focus on moving our customers to more convenient, higher margin value-added products. This offset weak volumes seen across our Foodservice business, due, mainly, to the recessionary economic conditions. Tighter cost controls in the quarter also contributed to offsetting the difficult volume environment.”

Ostrander concluded, “We continue to generate strong free cash flows and are utilizing the cash to execute our growth plans.”

Unaudited segment data follows (in thousands):

	Egg Products		Potato Products			Crystal Farms		Corporate			Total
Quarter ended October 3, 2009:
External net sales	$	261,338	$	30,109		$	90,669	$	—		$	382,116
Net earnings		20,135		863			6,223		(8,696	)		18,525
EBITDA*		44,585		4,062			10,743		(1,686	)		57,704
Quarter ended September 27, 2008:
External net sales	$	318,908	$	30,524		$	100,626	$	—		$	450,058
Net earnings		12,714		2,166			2,897		(6,753	)		11,024
EBITDA*		44,062		5,224			5,775		(3,482	)		51,579
Nine months ended October 3, 2009:
External net sales	$	793,207	$	85,806		$	273,475	$	—		$	1,152,488
Net earnings		60,982		(1,051	)		18,581		(28,608	)		49,904
EBITDA*		128,964		6,757			32,257		(7,680	)		160,298
Nine months ended September 27, 2008:
External net sales	$	939,444	$	89,859		$	290,767	$	—		$	1,320,070
Net earnings		47,608		5,953			5,690		(25,701	)		33,550
EBITDA*		127,885		14,616			12,594		(9,269	)		145,826

* As defined in the Company’s credit facility.

EBITDA is a widely accepted financial indicator used to analyze and compare companies on the basis of operating performance. It should not be considered in isolation or as a substitute for measures of performance prepared in accordance with generally accepted accounting principles and is not indicative of operating profit or cash flow from operations as determined under generally accepted accounting principles.

The following table reconciles net earnings to EBITDA for the quarter ended October 3, 2009 (unaudited, in thousands):

	Egg Products		Potato Products			Crystal Farms		Corporate			Total
Net earnings (loss)	$	20,135	$	863		$	6,223	$	(8,696	)	$	18,525
Interest expense, excluding amortization of financing costs		312		(325	)		—		9,898			9,885
Amortization of financing costs		—		—			—		1,744			1,744
Income tax expense (benefit)		10,213		445			3,210		(3,763	)		10,105
Depreciation and amortization		11,893		2,869			1,096		1			15,859
Equity sponsor management fee		—		—			—		515			515
Industrial revenue bonds related expenses		244		—			—		—			244
Other		1,752		210			214		(1,385	)		791
		44,549		4,062			10,743		(1,686	)		57,668
Plus:
Unrealized losses on swap contracts		36		—			—		—			36
EBITDA (as defined in our credit facility)	$	44,585	$	4,062		$	10,743	$	(1,686	)	$	57,704

The following table reconciles net earnings to EBITDA for the quarter ended September 27, 2008 (unaudited, in thousands):

	Egg Products		Potato Products		Crystal Farms		Corporate			Total
Net earnings (loss)	$	12,714	$	2,166	$	2,897	$	(6,753	)	$	11,024
Interest expense, excluding amortization of financing costs		399		—		—		7,305			7,704
Amortization of financing costs		—		—		—		953			953
Income tax expense (benefit)		5,540		1,087		1,450		(3,448	)		4,629
Depreciation and amortization		16,176		1,676		1,131		1			18,984
Equity sponsor management fee		—		—		—		473			473
Industrial revenue bonds related expenses		244		—		—		—			244
Other		1,891		295		297		(2,013	)		470
		36,964		5,224		5,775		(3,482	)		44,481
Plus:
Unrealized losses on swap contracts		7,098		—		—		—			7,098
EBITDA (as defined in our credit facility)	$	44,062	$	5,224	$	5,775	$	(3,482	)	$	51,579

The following table reconciles net earnings to EBITDA for the nine months ended October 3, 2009 (unaudited, in thousands):

	Egg Products		Potato Products			Crystal Farms		Corporate			Total
Net earnings (loss)	$	60,982	($	1,051	)	$	18,581	($	28,608	)	$	49,904
Interest expense, excluding amortization of financing costs		990		(325	)		—		26,171			26,836
Amortization of financing costs		—		—			—		4,211			4,211
Income tax expense (benefit)		31,222		(541	)		9,580		(13,193	)		27,068
Depreciation and amortization		35,579		7,837			3,254		3			46,673
Equity sponsor management fee		—		—			—		1,547			1,547
Industrial revenue bonds related expenses		732		—			—		—			732
Other		6,352		837			842		2,189			10,220
		135,857		6,757			32,257		(7,680	)		167,191
Minus:
Unrealized gains on swap contracts		6,893		—			—		—			6,893
EBITDA (as defined in our credit facility)	$	128,964	$	6,757		$	32,257	($	7,680	)	$	160,298

The following table reconciles net earnings to EBITDA for the nine months ended September 27, 2008 (unaudited, in thousands):

	Egg Products		Potato Products		Crystal Farms		Corporate			Total
Net earnings (loss)	$	47,608	$	5,953	$	5,690	$	(25,701	)	$	33,550
Interest expense, excluding amortization of financing costs		1,167		—		—		27,355			28,522
Amortization of financing costs		—		—		—		2,864			2,864
Income tax expense (benefit)		20,297		2,986		2,860		(10,454	)		15,689
Depreciation and amortization		48,535		5,027		3,395		3			56,960
Equity sponsor management fee		—		—		—		1,390			1,390
Industrial revenue bonds related expenses		733		—		—		—			733
Other		5,710		650		649		(4,726	)		2,283
		124,050		14,616		12,594		(9,269	)		141,991
Plus:
Unrealized losses on swap contracts		3,835		—		—		—			3,835
EBITDA (as defined in our credit facility)	$	127,885	$	14,616	$	12,594	$	(9,269	)	$	145,826

Michael Foods, Inc., based in Minnetonka, MN, is a multinational producer and distributor of food products to the foodservice, retail and food-ingredient markets. Its principal products are specialty egg products, refrigerated potato products, cheese and other dairy products.

Consolidated statements of earnings are as follows:

Michael Foods, Inc.

Consolidated Statements of Earnings

As of October 3, 2009 and September 27, 2008

(in thousands)

	Quarter				Nine months
	2009		2008		2009		2008
Net sales	$	382,116	$	450,058	$	1,152,488	$	1,320,070
Cost of sales		306,503		383,922		926,719		1,115,891
Gross profit		75,613		66,136		225,769		204,179
Selling, general & administrative		34,982		41,650		113,585		122,820
Operating profit		40,631		24,486		112,184		81,359
Interest expense, net		12,001		8,833		31,975		32,120
Loss on early extinguishment of debt		—		—		3,237		—
Earnings before income taxes		28,630		15,653		76,972		49,239
Income tax expense		10,105		4,629		27,068		15,689
Net earnings	$	18,525	$	11,024	$	49,904	$	33,550

	October 3, 2009		January 3, 2009
Selected Balance Sheet Information:
Cash and equivalents	$	85,792	$	78,054
Accrued interest	$	10,237	$	4,537
Total debt, including current maturities	$	577,979	$	597,384

Certain items in this release may be forward-looking statements. Such forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to, changes in domestic and international economic conditions. Also, the Company faces normal, and at times notable, variances in the supply of, and demand for, eggs, grain feed inputs, and cheese, which can result in pricing and profit margin volatility for certain egg products and cheese. As a result, the Company’s actual financial results could differ materially from the results estimated by, forecasted by, or implied by the Company in such forward-looking statements.

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