31 Aug '13, 6pm

McDonald’s, not Ethanol, is What’s Raising Chicken and Food Prices

McDonald’s, not Ethanol, is What’s Raising Chicken and Food Prices

That’s right, gang! The 26% year-to-date price increase came along with a 1% drop in supply, which farmers say had nothing to do with ethanol. Now, as you are probably not suffering from severe brain injury, you might have noticed that 1% drop in supply should not a 26% spike in demand make. Where was all that demand coming from? That’s where McDonald’s – which announced plans to reintroduce bone-in “Mighty Wings” chicken at its 14,100 US locations this week – comes into play: to prepare for the tsunami of chicken wings, McDonald’s has been stockpiling chicken.

Full article: http://gas2.org/2013/08/31/mcdonalds-not-ethanol-is-raisi...

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