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The American Farm Bureau Federation reported that retail fresh boneless, skinless turkey breast hit a record $6.70 per pound in September, up 112% from 2021. The group attributes the increase to bird flu outbreaks and inflation, while farmers and retailers expect enough turkeys for the holiday.
Record retail turkey prices reflect slow turkey production cycles that were disrupted by spring HPAI losses. Tight supply supports poultry prices into the holiday season.
goodmorningamerica.comKelly McCarthySep 30, 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.
