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U.S. turkey farmers are raising prices ahead of Thanksgiving as production costs rise. A New Jersey farm owner cited inflation affecting feed and labor costs.
Higher input costs are being passed through to turkey buyers, supporting higher holiday prices. The report does not indicate a change in feed supply or demand.
Not 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.