Post Holdings’ Michael Foods Provides Statement on the Future of Cage-Free Egg Production

Post Holdings’ Michael Foods Provides Statement on the Future of Cage-Free Egg Production

ST. LOUIS, Dec. 02, 2015 (GLOBE NEWSWIRE) -- The Michael Foods division of Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today issued the following statement:

Michael Foods is one of the nation’s largest egg producers and the largest provider of cage-free egg products in the United States. Michael Foods pays close attention to all issues affecting the national egg supply, including customer needs, consumer demand for egg products and hen housing systems.  

Michael Foods is also a founding member of the Coalition for Sustainable Egg Supply (CSES), an alliance of egg farmers, retailers, foodservice operators, food manufacturers and academics. For more information on CSES, please visit http://www2.sustainableeggcoalition.org/.

Demand for cage-free eggs is growing, and Michael Foods will continue to invest in the production of cage-free eggs to meet that demand. Michael Foods will also continue to be an advocate for cage-free egg products with consumers and customers. As customers seek to transition to cage-free eggs and egg products, Michael Foods will ensure the shift happens in a way that is reasonable and sustainable for all stakeholders, including the dedicated farmers who are the foundation of the egg supply system.

“Cage-free is emerging as the likely future of the egg industry,” said
Jim Dwyer, Michael Foods’ President and CEO. “Our customers are increasingly requesting cage-free eggs and products made from cage-free eggs. We are actively working with our customers and suppliers to transition to cage-free housing to anticipate demand.”

About Post Holdings, Inc.

Post Holdings, Inc., headquartered in St. Louis, Missouri, is a consumer packaged goods holding company operating in the center-of-the-store, foodservice, food ingredient, private label, refrigerated and active nutrition food categories. Through its Post Consumer Brands business, Post is a leader in the ready-to-eat cereal category and offers a broad portfolio that includes recognized brands such as Honey Bunches of Oats®, Pebbles™, Great Grains®, Grape-Nuts®, Honeycomb®, Frosted Mini Spooners®, Golden Puffs®, Cinnamon Toasters®, Fruity Dyno-Bites®, Cocoa Dyno-Bites®, Berry Colossal Crunch® and Malt-O-Meal® hot wheat cereal. Post’s Michael Foods Group supplies value-added egg products, refrigerated potato products, cheese and other dairy case products and dry pasta products to the foodservice, food ingredient and private label retail channels and markets retail brands including All Whites®, Better’n Eggs®, Simply Potatoes® and Crystal Farms®. Post’s active nutrition platform aids consumers in adopting healthier lifestyles through brands such as PowerBar®, Premier Protein® and Dymatize®. Post’s Private Brands Group manufactures private label peanut butter and other nut butters, dried fruits, baking and snacking nuts, cereal and granola. For more information, visit www.postholdings.com.

Investor Relations
Brad Harperbrad.harper@postholdings.com
(314) 644-7626

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