Turkey Prices Higher With The Holidays Around The Corner
It looks like that Thanksgiving dinner is going to be more expensive this November. Turkey prices are 73% higher than last year and analysts say they could stay that way through the holiday. The dramatic increase is largely due to the spread of bird flu, which led to a smaller supply. According to the USDA, 3.6% of turkeys nationwide have been killed by the HPAI this year. Over 7 million of the birds infected during 2022 died of the avian influenza, rates of death peaking over the summer as Thanksgiving preparations began.
Higher feed costs and a labor shortage also factored in to the increase in price.
According to the USDA says the cost of an 8 lbs. to 16 bs. turkey is $1.99, compared to the $1.15 consumers paid in 2021.
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