DOJ sues egg companies for alleged price manipulation

June 30 (UPI) -- The Department of Justice and 17 state attorneys general filed suit against five egg producers for alleged "unlawful coordinated manipulation of egg prices," a press release said Tuesday.

The department's Antitrust Division filed suit against Cal-Maine Foods, Hickman's Egg Ranch, Centrum Valley Holdings, Versova Holdings and Versova Management Cooperative for unlawful coordinated manipulation of egg prices, the release said.

The department also "filed proposed settlements that will, if approved by the court, prevent these companies from engaging in such coordinated manipulation in the future."

"No product more quintessentially represents affordability than the price Americans pay for eggs," Associate Attorney General Stanley Woodward said in a statement. "These actions prove this department's continued commitment to protecting competition and providing real relief for everyday Americans' pocketbooks."

Filed in the U.S. District Court for the Northern District of Iowa, the complaint alleges that Cal-Maine, Hickman's and Versova coordinated to artificially inflate the daily quotations of Urner Barry Publications, a market reporting company whose publications affect prices that grocery stores, restaurants and others pay for eggs nationwide, the release said.

The complaint also alleges that egg price quotations dropped significantly from their peak after the companies learned of the department's investigation and were told to save documents in March 2025, the release said.

The attorneys general of Arizona, California, Colorado, Connecticut, Florida, Hawaii, Iowa, Maryland, Minnesota, New York, North Carolina, Ohio, Pennsylvania, Texas, Utah, Vermont and Wisconsin joined the complaint and proposed settlements.

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This story was originally published June 30, 2026 at 1:02 PM.