local
Egg producers will pay $3.3M and donate 53 million eggs to settle price fixing claims
By Wyatte Grantham-Philips, Associated Press at KSAT 12 (ABC affiliate) — San Antonio
· June 30, 2026
· 4 min read
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.The states and federal government accus...
Key takeaway The states and federal government accused Cal-Maine Foods, Versova and Hickman’s Egg Ranch of a behind-the-scenes arrangement to “artificially inflate the daily price quotations for eggs" between June 2022 and March 2025.
Why this matters in Terrell Hills News
The settlement agreements reached with major egg producers will have a direct impact on Terrell Hills residents, who likely felt the pinch of soaring egg prices last year. With average US egg prices reaching a record high of $6.23 per dozen in March 2025, many local families and businesses were forced to absorb the increased cost. The donation of 53 million eggs to food banks and nonprofits may also benefit local organizations that serve Terrell Hills, providing much-needed relief to those struggling to access affordable food. As the settlements await court approval, Terrell Hills residents can expect to see some relief from artificially inflated egg prices, and the adoption of antitrust compliance programs by the egg producers may help prevent similar price fixing schemes in the future. The actions taken by the Justice Department and the states may also prompt local authorities to review pricing practices in other industries that affect Terrell Hills consumers.
About this story
Original reporting by KSAT 12 (ABC affiliate) — San Antonio . Terrell Hills News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) — San Antonio . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 30, 2026 ·
Source: KSAT 12 (ABC affiliate) — San Antonio ·
Reading time: 4 min
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Frequently asked about this story
What is this story about? 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.The states and federal government accus...
When was this published? This article was first published on June 30, 2026 by KSAT 12 (ABC affiliate) — San Antonio and curated for Terrell Hills News readers.
Who reported this story? This story was reported by Wyatte Grantham-Philips, Associated Press at KSAT 12 (ABC affiliate) — San Antonio. To learn more about how Terrell Hills News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Terrell Hills News, or browse our daily briefing and topic hubs .
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