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Turkey prices were 73% higher than a year earlier, at $1.99 per pound for 8 to 16 pound birds according to USDA data. Bird flu has affected 47.6 million birds this year across 42 states, with outbreaks starting in July, earlier than usual.
A commodities strategist said high prices could persist through Thanksgiving.
Losses from bird flu tighten turkey and poultry supply, supporting higher poultry prices and strong demand for poultry feed through the holiday period.
cnbc.comAditi ShrikantOct 18, 2022Not 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.
