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Egg Shortage Causes Breakfast Changes at McDonald’s, Others

Avian Flu has caused the shortage

A nationwide egg shortage caused by Avian Flu has prompted changes at McDonald’s (NYSE:MCD) and other restaurants.

Egg Shortage
Source: Wikipedia

This is the worst bird flu outbreak in the US with more than 40 million birds dying from Avian Flu. Egg prices have gone up to a record $2.32 a dozen for Midwest large eggs in late May.

McDonald’s will be finding new sources for eggs due to the shortage as one of the restaurant’s suppliers has been directly impacted by Avian Flu.

“We do not anticipate an impact to our ability to supply eggs to our restaurants and serve our customers,” McDonald’s USA said in a statement Monday.

Whataburger will also be affected by the move as the chain will only serve breakfast from 5-9 a.m. on weekdays and 5-11 a.m. on weekends. Whataburger is located in 10 states.

MCD stock is up 0.07% Tuesday.

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Article printed from InvestorPlace Media, https://investorplace.com/2015/06/egg-shortage-mcdonalds-mcd/.

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