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SettlementHigh RiskMultistate

Minnesota AG secures settlement with egg producers for price manipulation scheme

Cal-Maine Foods, Inc.July 1, 2026Minnesota Attorney General

Penalty Amount

$3,300,000

Summary

Attorney General Ellison secured a settlement with Cal-Maine Foods, Versova/Centrum, and Hickman's Egg Ranch for illegally coordinating to manipulate egg prices. The companies secretly communicated to influence a daily price index, artificially raising costs for consumers. The settlement includes 53 million donated eggs, $3.3 million in payments, and compliance measures.

Remedy

The companies must end illegal coordination, adopt compliance measures, designate antitrust compliance officers, donate 53 million eggs to food banks, and pay $3.3 million to the states.

Monetary PenaltyInjunctionCompliance ProgramReporting Requirements

Contract Impact

In-house legal teams should review supply and procurement agreements for any clauses that reference benchmark pricing indices (e.g., Urner Barry) and ensure they include robust antitrust compliance provisions. Vendor agreements should prohibit coordination with competitors on pricing, bidding, or market data. Customer contracts should be checked for indemnification related to antitrust violations. Additionally, employment agreements should require antitrust training and designate compliance officers to monitor for collusion.

Contract Search Terms

price fixingbenchmark pricingantitrust compliancecoordination clausebidding agreementsupply contractprice index manipulationcollusion prohibitionantitrust officer designation

Laws Cited

Sherman ActMinnesota Antitrust Law
15 U.S.C. § 1

Violation Types

Entity Details

Entity

Cal-Maine Foods, Inc.

Industry

Other

Multistate Coalition

Official Sources

Source Evidence

Entity Name
"Cal-Maine Foods"
Fine Amount
"$3.3 million"
Violation Types
"illegally coordinated for years to influence a daily price index for eggs, which artificially increased prices for retailers and consumers throughout the country"
Is Multistate
"Joining Attorney General Ellison and DOJ in securing this settlement are the attorneys general of Arizona, California, Colorado, Connecticut, Florida, Hawaii, Iowa, Maryland, New York, North Carolina, Ohio, Pennsylvania, Texas, Utah, Vermont, and Wisconsin."
Remedy Types
"adopt compliance measures to prevent future violations, and fully cooperate with oversight by the states"

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Colorado Attorney General Phil Weiser, along with a bipartisan multistate coalition and the U.S. Department of Justice, settled with Cal-Maine Foods, Versova/Centrum, and Hickman's Egg Ranch for colluding to manipulate egg prices. The companies secretly coordinated bidding activity to influence the Urner Barry price index, artificially inflating egg prices for consumers and retailers nationwide. The settlement requires the companies to pay $3.3 million, donate 53 million eggs to food banks, and implement compliance measures.

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