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Fred Adams, Jr.

Chairman and CEO

(601) 948-6813

CAL-MAINE FOODS, INC. REPORTS FIRST QUARTER FISCAL 2008 RESULTS

JACKSON, Miss. (October 1, 2007) ¾ Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced results for its first quarter of fiscal 2008 ended September 1, 2007.

For the first quarter of fiscal 2008, net sales were $178.6 million, compared with net sales of $115.3 million for the first quarter of fiscal 2007. The Company reported net income of $18.0 million, or $0.76 per basic and diluted share, for the first quarter of fiscal 2008 compared with a net loss of $5.4 million, or $0.23 per basic and diluted share, for the year-earlier period.

Fred Adams, Jr., chairman and chief executive officer of Cal-Maine Foods, Inc., stated, “Our sales volumes and overall profitability were strong for the first quarter of fiscal 2008. We benefited from excellent egg prices during a quarter that is seasonally weak. We were pleased with our overall operating efficiency and ability to achieve favorable margins in spite of higher feed costs. Demand for eggs was good from both retail and food service customers in the U.S. and we also experienced strong export sales to Europe and Japan. USDA statistics indicate that the overall egg supply will be moderate in the months ahead.”

Cal-Maine Foods, Inc. is primarily engaged in the production, grading, packing and sale of fresh shell eggs. The Company, which is headquartered in Jackson, Mississippi, currently is the largest producer and distributor of fresh shell eggs in the United States and sells the majority of its shell eggs in approximately 29 states 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 statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties (contained in the Company’s SEC filings) that could cause actual results to differ materially from those projected. SEC filings may be obtained from the SEC or by contacting the Company.

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CAL-MAINE FOODS, INC.		POST OFFICE BOX 2960	▪ JACKSON, MISSISSIPPI 39207
		PHONE 601-948-6813	FAX 601-969-0905

CALM Reports First Quarter Fiscal 2008 Results

Page 2

October 1, 2007

CAL-MAINE FOODS, INC. AND SUBSIDIARIES

FINANCIAL HIGHLIGHTS

(Unaudited)

(In thousands, except per share amounts)

	13 Weeks Ended
	September 1, 2007		September 2, 2006
Net sales	$	178,598	$	115,308
Gross profit		45,580		8,407
Operating income (loss)		26,932		(6,063	)
Income (loss) before income taxes		27,223		(8,001	)

Net income (loss)	$	17,966	$	(5,431	)

Net income (loss) per common share:
Basic	$	0.76	$	(0.23	)
Diluted	$	0.76	$	(0.23	)

Weighted average shares outstanding:
Basic		23,599		23,503
Diluted		23,724		23,503

SUMMARY BALANCE SHEET

(Unaudited)

(In thousands)

	September 1, 2007		June 2, 2007
ASSETS
Cash and short-term investments	$	70,068	$	54,532
Receivables		45,051		38,180
Inventories		66,310		62,208
Other		1,596		1,390
Current assets		183,025		156,310

Property, plant and equipment (net)		196,161		193,590
Other assets		15,512		14,668
Total assets	$	394,698	$	364,568

LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable and accrued expenses	$	62,127	$	45,051
Other current liabilities		6,769		5,435
Current maturities of long-term debt		13,126		13,442
Deferred income taxes		12,633		11,830
Current liabilities		94,655		75,758

Deferred income taxes and other liabilities		29,101		33,661
Long-term debt, less current maturities		97,437		99,410
Shareholders' equity		173,505		155,739
Total liabilities and shareholders' equity	$	394,698	$	364,568

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Delaware	000-04892	64-0500378
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)


	CAL-MAINE FOODS, INC.

Date: October 1, 2007	By:	/s/ Fred R. Adams, Jr.
		Fred R. Adams, Jr.
		Chairman of the Board and Chief Executive Officer