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USDA's Economic Research Service reports that frozen wholesale turkey breast prices rose sharply after the 2022 avian flu outbreak, peaking at $2.98 per pound in October 2022. Cumulative turkey losses exceeded seven million birds.
Breast prices averaged $2.34 per pound in late April 2023, down from the peak but above the year before.
Lingering turkey supply losses keep wholesale poultry prices elevated relative to last year, though the decline from peak signals easing pressure on poultry protein costs.
americanagnetwork.comDigital TeamJun 8, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
