Egg Producers Will Pay $3.3M and Donate 53 Million Eggs to Settle Price-Fixing Claims
The companies will also donate 53 million eggs to food banks and nonprofits as part of settlements that still need court approval.
- On Monday, the U.S. Justice Department and 17 states announced settlement agreements with Cal-Maine Foods, Versova, and Hickman's Egg Ranch, resolving allegations the companies colluded to artificially inflate egg prices between June 2022 and March 2025.
- Investigators found the producers coordinated bids submitted to Urner Barry Publications, which runs the price index determining how grocery stores and restaurants pay for eggs, creating an arrangement that led to higher prices for consumers, alleged the complaint filed in Iowa.
- Under the agreements, the three companies will collectively provide $3.3 million and 53 million eggs to settle claims. New York Attorney General Letitia James stated the arrangement allowed corporations to "squeeze even more profit out of consumers."
- None of the companies admitted wrongdoing, with Cal-Maine CEO Sherman Miller stating the agreement "enables us to move forward," while Versova noted its farmers "don't set the wholesale price of eggs" amid market fluctuations.
- Egg prices dropped to under $2.20 per dozen by May 2026 as flocks recovered, though critics like Farm Action president Angela Huffman argue the settlement is insufficient compared to corporate profits.
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Washington Top News
Egg producers will pay $3.3M and donate 53 million eggs to settle price-fixing claims
NEW YORK (AP) — The U.S. Justice Department and 17 states reached settlement agreements with three major egg producers this week to resolve allegations that the…
Washington Times
The New York LedgerEgg producers will pay $3.3 million, donate 53 million eggs to settle price-fixing claims
The U.S. Justice Department and 17 states reached settlement agreements with three major egg producers this week to resolve allegations that the companies illegally colluded for years to raise prices, including when the cost soared to record highs last year.
ABC FOX Montana
Fairfield Sun TimesWhile Major Egg Distributors Settle Price-Fixing Lawsuit, Bozeman Shoppers See Stable Prices
Bozeman, Mont. — A federal egg price-fixing settlement is drawing fresh attention in Bozeman as shoppers see prices remain close to the national average.The Department of Justice announced a lawsuit and settlement this week with several major egg distributors. The…
The rise in egg prices in the United States in recent years was mainly due to a historical outbreak of avian influenza. But American justice has recently pinned three of the main producers for market manipulations.The expression "the golden egg hen" will rarely have been so literal.After the pandemic, then the start of the war in Ukraine, food prices fly away.In the United States, eggs become one of the symbols of the rising price of life. Espec…
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