StockWatch
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Farming/Seeds/Milling
LegalJun 30, 2026, 09:12 AM

Cal-Maine Foods Resolves DOJ Antitrust Claims

AI Summary

Cal-Maine Foods, Inc. announced an agreement with the U.S. Department of Justice and 17 states' attorneys general to resolve alleged antitrust claims. The agreement follows a 15-month investigation into alleged anticompetitive conduct among egg producers, which the company denies. Under the terms, Cal-Maine was not assessed any fines or penalties but agreed to implement compliance measures, donate 30 million eggs, and pay $1.5 million to the states.

Key Highlights

  • Reached agreement with U.S. Department of Justice and 17 states' attorneys general to resolve alleged antitrust claims.
  • Agreement follows a 15-month investigation into alleged anticompetitive conduct by egg producers.
  • Company denies wrongdoing and was not assessed any fines or penalties.
  • Agreed to implement certain antitrust compliance and reporting measures.
  • Will donate 30 million eggs as part of the resolution.
  • Will pay a total of $1.5 million to the states to resolve the matter.
  • Cal-Maine exited the cooperative in May 2024, prior to the DOJ's investigation.