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posted by Fnord666 on Tuesday November 10 2020, @08:08PM   Printer-friendly
from the veggiesaurus dept.

McDonald's unveils McPlant line, which includes meatless patty co-created by Beyond Meat

McDonald's will test a meat-free burger in several markets next year as it adds plant-based menu offerings, which it has coined "McPlant."

International President Ian Borden said that McPlant was created "by McDonald's and for McDonald's." Borden said that the McPlant line could also include chicken substitutes.

McDonald's has not yet disclosed the supplier for the line. A company spokesperson declined to identify their supplier but said that McDonald's will not be manufacturing the products.

But a spokesperson for Beyond Meat said in a statement to CNBC that the company co-created the plant-based patty that will be available as part of the McPlant line. Shares of Beyond rose as much as 4% in afternoon trading after falling as much as 6% earlier on Monday. The stock, which was briefly halted for volatility in both morning and afternoon trading, is currently down less than 1%.

See also: Beyond Meat shares rise on news that it collaborated with McDonald's on the McPlant options
Beyond Meat earnings miss big on declining food service and consumer demand

Beyond Meat's partnership with McDonald's to develop the McPlant burger wasn't enough to keep shares from collapsing after the company posted third-quarter earnings that fell far below analysts' expectations.

The big miss sent shares tumbling nearly 29% in after markets closed Monday after reporting it generated $94.4 million in revenues and a loss of 28 cents per share versus the $132.8 million in revenue and 5 cents per share loss that analysts had expected.

Previously: Meatless "Beyond Burgers" Come to Fast Food Restaurants
Following IPO of Beyond Meat, Tyson Foods Plans Launch of its Own Meatless Products
Plant-Based "Impossible Burger" Coming to Every Burger King Location
Meat Industry PR Campaign Bashes Plant-Based Meat Alternatives
Bot Orders $18,752 of McSundaes Every 30 Minutes to Find If Machines are Working


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  • (Score: 2) by Runaway1956 on Tuesday November 10 2020, @09:33PM (9 children)

    by Runaway1956 (2926) Subscriber Badge on Tuesday November 10 2020, @09:33PM (#1075897) Journal

    Borden said that the McPlant line could also include chicken substitutes.

    I've always regarded chicken as a meat substitute. Back when Catholic friends couldn't eat meat on - uhhh - Fridays wasn't it? we would have fish or chicken or something instead. When the grocery funds ran low, buy chicken instead of meat. Or, if a doctor, girlfriend, or someone was harping that you should "eat healthier", somehow chicken qualified as "healthier".

    So a chicken substitute would more properly be a meat substitute substitute? Faux meat substitute? Placebo meat substitute? This could get complicated . . .

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  • (Score: -1, Flamebait) by Anonymous Coward on Tuesday November 10 2020, @09:42PM (3 children)

    by Anonymous Coward on Tuesday November 10 2020, @09:42PM (#1075906)

    Thanks for a nice non-political example of how dumb you are.

    • (Score: 2) by Phoenix666 on Wednesday November 11 2020, @12:51AM (2 children)

      by Phoenix666 (552) on Wednesday November 11 2020, @12:51AM (#1075964) Journal

      Thanks for a nice non-political example of how dumb you are.

      --
      Washington DC delenda est.
      • (Score: -1, Redundant) by Anonymous Coward on Wednesday November 11 2020, @02:37AM (1 child)

        by Anonymous Coward on Wednesday November 11 2020, @02:37AM (#1076006)

        Thanks for a nice non-political example of how dumb you are.

        • (Score: -1, Offtopic) by Anonymous Coward on Wednesday November 11 2020, @02:54AM

          by Anonymous Coward on Wednesday November 11 2020, @02:54AM (#1076015)

          Thank me for a nice example of how dumb I am.

  • (Score: 2) by arslan on Tuesday November 10 2020, @09:58PM

    by arslan (3462) on Tuesday November 10 2020, @09:58PM (#1075909)

    The calories on some of these are way up there as well - at least the ones that are offered in my neck of the woods. So if your health management involves managing total calories, a simple grilled chicken burger would have much less calorie or if you want to keep to the beef burger, maybe skipping out on the cheese and sauces instead.

    Of course there's other aspects of not eating meat outside of managing calorie that are important to some folks.

  • (Score: 0) by Anonymous Coward on Wednesday November 11 2020, @03:45AM (1 child)

    by Anonymous Coward on Wednesday November 11 2020, @03:45AM (#1076024)

    Does it taste like chicken?

    • (Score: 2) by Runaway1956 on Wednesday November 11 2020, @04:07AM

      by Runaway1956 (2926) Subscriber Badge on Wednesday November 11 2020, @04:07AM (#1076027) Journal

      If you drown it in rapeseed oil at 400 F for 30 minutes, EVERYTHING tastes like chicken! Your old Ford Fiesta will taste like chicken when properly cooked.

      --
      “I have become friends with many school shooters” - Tampon Tim Walz
  • (Score: 2) by tangomargarine on Wednesday November 11 2020, @08:29PM (1 child)

    by tangomargarine (667) on Wednesday November 11 2020, @08:29PM (#1076296)

    Back when Catholic friends couldn't eat meat on - uhhh - Fridays wasn't it? we would have fish or chicken or something instead. When the grocery funds ran low, buy chicken instead of meat.

    I've never understood this thing where people classify "fish" separately from "meat". They're both the muscles of dead animals, aren't they?

    --
    "Is that really true?" "I just spent the last hour telling you to think for yourself! Didn't you hear anything I said?"
    • (Score: 2) by Runaway1956 on Wednesday November 11 2020, @09:09PM

      by Runaway1956 (2926) Subscriber Badge on Wednesday November 11 2020, @09:09PM (#1076323) Journal

      Yeah, I guess so. But it has it's roots in Judaism. There were all sorts of foods that were "clean" or "unclean". And, of course, you couldn't contaminate a "clean" food, even with another "clean" food. Gotta keep the dairy separate from the meat, meat separate from grains, etc. You can only eat certain foods in the same meal with certain other foods. It was a maze of ritualism, learned from birth and enforced throughout childhood.

      1) For on all other nights we eat either leavened or unleavened bread; why on this night only unleavened bread?
      2) On all other nights we eat all kinds of herbs; why on this night only bitter herbs?
      3) On all other nights we need not dip our herbs even once; why on this night must we dip them twice?
      4) On all other nights we eat either sitting up or reclining; why on this night do we all recline?

      --
      “I have become friends with many school shooters” - Tampon Tim Walz