Higher prices and fewer options expected for holiday turkeys
A livestock economist is predicting higher prices and fewer options in the turkey aisle this year as Thanksgiving approaches.
David Anderson with Texas A&M University Extension tells Brownfield turkey production is down about 5% on the year.
“Fewer birds and fewer pounds being produced. That is really a longer-term response to lack of profitability over the last few years and higher feed costs have cut into that as well.”
Anderson says that takes a toll on prices given that the national wholesale average for whole hens is $1.35 per pound compared to $1.14 last year and the five-year average of $1.06. That may mean fewer deals at your grocery store.
“In the past, if you spent so many dollars you could get a discount on your turkey, or even a free turkey. These higher prices make it a lot harder for a grocery store to put together those kinds of features.”
He says less production might also mean fewer options.
“If you like a fresh verse a frozen bird, or you have a certain brand you like, or a certain weight you prefer, you might want to shop early and start looking around.”
He says turkey remains a Thanksgiving tradition in many American homes, but more families are turning to other meats like brisket and chicken instead of turkey for the following Christmas meal.