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Subsequent Events
 6 Months Ended
Dec. 02, 2023
Subsequent Events [Abstract]  
Subsequent Events
Note 11 - Subsequent Events
On
 
December
 
12,
 
2023,
 
the
 
Company
 
reported
 
that
 
one
 
of
 
the
 
Company’s
 
facilities
 
in
 
Kansas
 
experienced
 
an
 
outbreak
 
of
highly pathogenic
 
avian influenza
 
(“HPAI”),
 
affecting
 
approximately
684,000
 
laying hens.
 
Subsequent
 
to the
 
initial outbreak,
nearby
 
facilities
 
in
 
Kansas
 
experienced
 
an outbreak
 
of
 
HPAI,
 
affecting
 
approximately
 
an additional
842,000
 
laying
 
hens and
240,000
 
pullets. The total of the combined outbreaks represented
3.3
% of our total flock as of December 2, 2023.
The
 
Company
 
has
 
and
 
continues
 
to
 
follow
 
all
 
guidelines
 
provided
 
by
 
the
 
United
 
States
 
Department
 
of
 
Agriculture
 
(the
“USDA”)
 
and
 
other
 
regulatory
 
agencies
 
to
 
depopulate
 
and
 
sanitize
 
the
 
facilities.
 
As
 
such,
 
Cal-Maine
 
will
 
be
 
eligible
 
to
participate
 
in
 
the
 
USDA
 
indemnity
 
program
 
and
 
other
 
programs
 
designed
 
to
 
compensate
 
for
 
the
 
loss of
 
birds
 
and
 
eggs.
 
The
Company’s
 
plans
 
are
 
to
 
repopulate
 
the
 
facilities
 
and
 
resume
 
normal
 
operations
 
at
 
the
 
facilities
 
within
3
-
5 months
.
 
Due
 
to
volatility in
 
the market
 
prices of
 
eggs and
 
uncertain future
 
supply,
 
demand and
 
other market
 
conditions, an
 
estimate of
 
the net
income effect cannot be reasonably made.