
Retail turkey prices are running above last year ahead of Thanksgiving, with the national average grocery price for a frozen whole turkey about $1.26 per pound versus $1.03 a year earlier. Wholesale whole turkeys averaged $1.80 per pound in late October, up from $1.69, and USDA's Economic Research Service expects firm hen prices into 2027.
Supply is larger this year, though retail prices also reflect promotions and earlier contracts.
Higher turkey prices alongside a bigger supply point to steady demand for turkey and firm meat margins, which can support feed demand from turkey producers. The effect on feed prices is limited because the story is about holiday retail pricing.
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.