logo
Waffle House drops egg surcharge after 5 months as prices plummet across the US

Waffle House drops egg surcharge after 5 months as prices plummet across the US

New York Post03-07-2025
There's no need to pay egg-stra anymore.
Waffle House announced 'egg-cellent news' for their customers' wallets. The casual dining chain is dropping the temporary 50-cent surcharge for eggs from its menu after five months, effective immediately.
'Egg-cellent news…as of June 2, the egg surcharge is officially off the menu. Thanks for understanding,' Waffle House wrote in a post on X.
Advertisement
Earlier this year, the Georgia-based restaurant chain — which has more than 2,000 locations across 25 states — implemented a 'temporary targeted surcharge' tied to the 'unprecedented' rise in egg prices, rather than increasing the price of all menu items.
But with the national average wholesale price of eggs being down 7% — at just $2.54 per dozen last week, according to the latest United States Department of Agriculture (USDA) Egg Markets report — Waffle House no longer has to upcharge.
Advertisement
Earlier this year, Waffle House implemented a 'temporary targeted surcharge' tied to the 'unprecedented' rise in egg prices.
GIANRIGO MARLETTA/AFP via Getty Images
The removal of the increased prices from the menu comes almost five months after Waffle House released a statement announcing the 50-cent-per-egg surcharge.
'The continuing egg shortage caused by HPAI (Bird Flu) has caused a dramatic increase in egg prices,' Waffle House said in a statement on February 3. 'Consumers and restaurants are being forced to make difficult decisions.'
'While we hope these price fluctuations will be short-lived, we cannot predict how long this shortage will last,' the statement added. 'We are continuously monitoring egg prices and will adjust or remove the surcharge as market conditions allow.'
Advertisement
The removal of the increased prices from the menu comes almost five months after Waffle House released a statement announcing the 50-cent-per-egg surcharge.
Waffle House
The ongoing H5N9, or bird flu, outbreak began globally in 2020 and made its way to America in 2022, with cases spiking earlier this year and leading to supply chain issues.
As of July 3, the Centers for Disease Control (CDC) has reported 70 bird flu cases in the U.S., with 41 being from dairy herds (cattle) and 24 from poultry farms. The other five were from exposure from other unspecified animals or unknown sources.
The Bureau of Labor Statistics said egg prices were still more expensive than they were a year prior, but the price has gone down enough for chains like Waffle House to drop their surcharges, CNN reported.
Advertisement
The USDA rolled out a five-pronged strategy to combat the bird flu outbreak back in March, which could have improved the availability and wholesale pricing of eggs over time.
'Egg prices are falling, farmers are getting the relief they need, and we are seeing meaningful progress in the fight against avian flu,' USDA Secretary Brooke Rollins said in a statement at the time.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Cotton Comes Back to Close Steady
Cotton Comes Back to Close Steady

Yahoo

time11 minutes ago

  • Yahoo

Cotton Comes Back to Close Steady

Cotton futures faded back off the midday gains on Wednesday, closing with mixed action of 3 points higher to a point lower. Crude oil futures were down 79 cents on the session. The US dollar index was weaker, down $0.177 to $96.940. The Seam showed sales of 1,093 bales on Tuesday, with an average price of 61.43 cents/lb. The world focused Cotlook A Index was down 80 points at 78.65 on July 21. ICE cotton stocks were steady on 7/22, with the certified stocks level at 22,337 bales. USDA's Adjusted World Price (AWP) was up a tick on Thursday at 54.72 cents/lb. It is in effect through this coming Thursday. More News from Barchart Coffee Prices Rise on Frost Threats in Brazil Frost Threats in Brazil Push Coffee Prices Sharply Higher Signs of Weak Chocolate Demand Undercut Cocoa Prices Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Oct 25 Cotton is at 66.62, up 3 points, Dec 25 Cotton is at 68.24, down 1 points, Mar 26 Cotton is at 69.63, up 2 points On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données

First-ever RWA tokenization ETF by Ondo Finance filed by 21Shares
First-ever RWA tokenization ETF by Ondo Finance filed by 21Shares

Yahoo

time22 minutes ago

  • Yahoo

First-ever RWA tokenization ETF by Ondo Finance filed by 21Shares

First-ever RWA tokenization ETF by Ondo Finance filed by 21Shares originally appeared on TheStreet. 21Shares has submitted a Form S-1 with the U.S. Securities and Exchange Commission (SEC) on July 23 for an ETF tracking ONDO, the native token of Ondo Finance. If passed, it would also be the first US-based ETF targeted at a token that supports a real-world asset (RWA) tokenization platform. The filing—made under "21Shares Ondo Trust"—suggests a growing appetite among institutional investors for tokenized finance, with a focus on blockchain-based replicas of traditional financial products, in this case U.S. Treasuries. Earlier, on June 11, Ondo Finance launched tokenized US securities on the XRPL ledger via Ripple's Finance is one of the leading players in this space, offering tokenized Treasury products such as OUSG to enable crypto-native users to access stable, yield-bearing assets. The Ondo module is the governance token and incentive layer for the platform, providing access to future financial products within the ecosystem. According to the firm behind 21Shares, over $1.5 billion of U.S. Treasuries have been tokenized, and the firm is a significant part of that aggregate. The filing also comes at a time of a marked increase in interest in ETFs. Ethereum ETFs reported $533.8 million in inflows on a single day while cumulative net inflow stands at $8.32 billion, as per SoSoValue. Further, Bitcoin ETFs saw a cumulative inflow of $54.55 billion. The two trends—more people wanting to invest in crypto ETs, along with institutions wanting tokenized RWAs—could be the start of a shift in crypto ETFs investing in more than just BTC and ETH. First-ever RWA tokenization ETF by Ondo Finance filed by 21Shares first appeared on TheStreet on Jul 23, 2025 This story was originally reported by TheStreet on Jul 23, 2025, where it first appeared.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store