Did Cal-Maine and other egg producers manipulate egg-price benchmarks?

DOJ alleges coordinated bidding inflated egg-price benchmarks. Cal-Maine denies wrongdoing and price effects. The proposed consent judgment contains no admission, while separate debate concerns the conduct's economic importance and the remedy.

An automated egg-packing line surrounded by shipping cartons marked Eggs.
Egg-packing equipment and shipping cartons in a USDA photograph taken on November 28, 2018. File photo.

Case period:

Published by The Dispute Index editorial teamPublished Updated

United States Department of JusticeCal-Maine Foods

Overview

The June 29, 2026 complaint alleges coordination from June 2022 to March 2025, including bids timed to influence daily benchmark quotations. DOJ says retail supply contracts using those benchmarks carried the effects into the wider market.

Cal-Maine says its conduct was lawful, that it left the cooperative in May 2024, and that communications cited in the complaint did not affect prices. Its CEO cites avian influenza and other supply shocks as causes of price increases.

The proposed consent judgment would impose compliance duties without a trial or admission. Politico's October 18 reporting describes separate disagreement about the size of the alleged conduct's economic effect and whether the settlement is sufficient. Those questions do not establish or negate the alleged agreement.

Read the full background

The core factual dispute is whether the producers coordinated bidding to manipulate the benchmark. Supply shocks and unlawful coordination are not mutually exclusive explanations. The proposed judgment does not quantify how much nationwide egg-price inflation the alleged conduct caused or adjudicate the allegations.

Timeline

2 timeline entries on this page. Dates: June 29, 2026 to October 18, 2026

  1. June 2026

    1. DOJ and states file a complaint and proposed consent judgment

      Claim

      Government plaintiffs allege coordinated manipulation of egg-price benchmarks and seek injunctive relief. The proposed Cal-Maine judgment is a consent resolution without a trial, adjudication or admission.

      [01]United States Department of Justice

      The civil complaint in case 5:26-cv-04060 alleges coordinated bidding to manipulate egg-price benchmarks. Its allegations are contested.

      [02]United States Department of Justice

      The proposed consent judgment states that the parties consent without a trial, adjudication or admission. It is not an entered finding of liability.

      Proposed final judgment for Cal-Maine Foods · United States Department of Justice
      [03]United States Department of Justice

      The department describes its allegations and proposed compliance remedies, subject to court approval.

  2. October 2026

    1. New interviews examine the alleged conduct and the proposed remedy

      Source release

      Politico publishes interviews with enforcement officials, settlement critics and economist Scott Lincicome. They disagree about the adequacy of the remedy and the alleged conduct's importance to nationwide price movements. The article reports that court approval is still pending.

      [04]Maybe There Was an Egg Cartel After All

      The article contains original interviews about the alleged conduct, its economic importance and the proposed settlement. Interview dates are not specified.

Claims

Claims separate what was said from what is contested. Follow each source for the original wording and context.

What's disputed

Disputed claim

United States Department of Justice

The defendant egg producers agreed to coordinate bidding to inflate Urner Barry egg-price benchmarks.

What is disputed

The core factual dispute is whether the producers coordinated bidding to manipulate the benchmark. Supply shocks and unlawful coordination are not mutually exclusive explanations. The proposed judgment does not quantify how much nationwide egg-price inflation the alleged conduct caused or adjudicate the allegations.

Sources (1)

Arguments

  1. Documented position

    DOJ and the state plaintiffs

    The alleged agreement targeted the benchmark

    The complaint alleges coordinated bidding designed to influence daily quotations used in supply contracts. Its theory relies on communications and bidding practices rather than high profits alone.

    Limit of this argument

    The complaint is an allegation. The proposed judgment does not adjudicate liability or quantify the alleged effect on nationwide inflation.

    Read sources

    Sources

  1. Documented position

    Cal-Maine's response and Sherman Miller's statement

    Cal-Maine disputes the conduct and price effects

    The company denies wrongdoing and says the cited communications did not affect prices. Miller points to supply shocks, including avian influenza, as reasons prices rose.

    Limit of this argument

    Supply shocks do not exclude a separate manipulation effect. Cal-Maine's denial does not resolve the government's allegations.

    Read sources

Response record

Responses

Choose one response filter, or select All responses to see the full record.

2 matching responses. Newest first.

  1. United States Department of JusticeFederal plaintiff, joined by 17 states in a civil antitrust complaintDirectly involved

    Before this statement

    The complaint alleges coordinated bidding from June 2022 through March 2025.

    "Defendants’ agreement to manipulate the Urner Barry price quotations violates Section 1 of the Sherman Act and should be enjoined."
    Condemned

    Case context: Did Cal-Maine and other egg producers manipulate egg-price benchmarks?

    Full statement and sources

    DOJ alleges that the producers agreed to manipulate egg-price benchmarks in violation of antitrust law and asks the court to stop the alleged conduct.

    After the statement

    Cal-Maine denies wrongdoing. Its proposed consent judgment contains no trial finding or admission of liability.

    Why this label?

    The complaint expressly rejects the alleged coordination as unlawful and seeks to enjoin it.

    This label describes the statement's response within the context above.

  2. Cal-Maine FoodsEgg producer responding to the civil antitrust caseDirectly involved

    Before this statement

    Cal-Maine says it participated in a cage-free supply cooperative but left in May 2024, before the investigation.

    "The Company denies all wrongdoing and violations of law and continues to believe that such claims are baseless and that its conduct was lawful, appropriate and in the best interest of supplying eggs to the marketplace. Cal-Maine further maintains that the Company's communications cited in the complaint – which were made primarily by a single former employee – did not impact egg prices in any market."
    Denied

    Case context: Did Cal-Maine and other egg producers manipulate egg-price benchmarks?

    Full statement and sources

    Cal-Maine denies unlawful conduct and says the communications cited in the complaint did not affect egg prices.

    After the statement

    The proposed consent judgment sets out compliance measures, egg donations and payments to states. It states that Cal-Maine consents without a trial, adjudication or admission of fact or law.

    Why this label?

    The company explicitly denies the alleged conduct and price effects; a settlement is not an admission.

    This label describes the statement's response within the context above.

Sources

(6)

Original text

United States and 17 states v. Cal-Maine Foods and others: complaint

About this source

The civil complaint in case 5:26-cv-04060 alleges coordinated bidding to manipulate egg-price benchmarks. Its allegations are contested.

Author
U.S. Department of Justice and state attorneys general
Published
Accessed
Archived copy (opens in a new tab)

Official statement

Attorney General James announces the egg-producer settlement

About this source

New York's attorney general describes the alleged coordination and the multistate settlement. Cal-Maine denies wrongdoing.

Author
Office of the New York Attorney General
Published
Accessed
Archived copy (opens in a new tab)

Original text

Proposed final judgment for Cal-Maine Foods

About this source

The proposed consent judgment states that the parties consent without a trial, adjudication or admission. It is not an entered finding of liability.

Published
Accessed
Archived copy (opens in a new tab)

Reporting

Maybe There Was an Egg Cartel After All

About this source

The article contains original interviews about the alleged conduct, its economic importance and the proposed settlement. Interview dates are not specified.

Author
Marcia Brown and Steve Volk
Published
Accessed

Official statement

Cal-Maine Foods reaches resolution with DOJ and 17 states' attorneys general

About this source

Cal-Maine denies unlawful conduct and price effects while agreeing to compliance measures, egg donations and payments to states, subject to approvals.

Author
Cal-Maine Foods
Published
Accessed
Archived copy (opens in a new tab)

Official statement

Justice Department announces proposed egg-benchmark settlements

About this source

The department describes its allegations and proposed compliance remedies, subject to court approval.

Author
U.S. Department of Justice
Published
Accessed
Archived copy (opens in a new tab)

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Cite this record

Publisher
The Dispute Index
Title
Did Cal-Maine and other egg producers manipulate egg-price benchmarks?
First published
Last updated
Permalink
https://disputeindex.com/cases/cal-maine-egg-price-benchmark-manipulation-doj-denial

The Dispute Index. "Did Cal-Maine and other egg producers manipulate egg-price benchmarks?". First published: 2026-10-19. Last updated: 2026-10-19. https://disputeindex.com/cases/cal-maine-egg-price-benchmark-manipulation-doj-denial