Cal-Maine Foods, long defined by its dominance in commodity egg production, is now staking its future on a different kind of value — one built not on volume alone, but on what eggs become. Amid a sustained decline in egg prices, the company is redirecting capital toward prepared foods and specialty products, aiming to have more than 60 percent of its capacity devoted to these higher-margin categories by early 2028. It is a move that speaks to a broader truth in commodity markets: that scale without differentiation is a foundation that the market can erode, and that enduring businesses must eve