What’s your favorite food at McDonald’s - Chicken Nuggets, Quarter-Pounder with Cheese? Hope it’s not the Third Pounder Angus Burger (or the Angus Snack Wrap).
With the price of beef on the rise, even large corporations such as McDonald’s have had to make some cutbacks – their first one being the Angus Burger. The price of beef has risen as a result of last summer’s drought, with the price of beef carcasses rising 24 cents per hundred pounds (cwt) to hit $204.91 per cwt, a new record.
Check out the full story here: http://www.nbcnews.com/business/wheres-beef-mcdonalds-dropping-angus-burgers-us-menu-1C9864163
With McDonald’s already making cuts to their menu, how do you think this will affect other fast food chains?