As McDonald’s (NYSE:MCD) prepares to make the transition to cage-free, the egg business is experiencing a tremendous increase in demand.
During an interview with The FOX Business Network’s Jeff Flock, egg farmer Scott Hasselmann said: “We can’t keep up, it’s just out of sight. We’ll take 80 or 100 dozen eggs to the farmers market on Saturday and sell probably, in an hour and a half… they’ll be gone at seven or eight dollars a dozen.”
Hasselmann said the influx of opportunities in the egg business makes it hard for farmers to keep up.
“We see no demand issues, our problem is supply…there’s a lot of opportunities out there in the egg business,” he said.