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Indiana ranks third in the US for turkey production by pounds, and Thanksgiving sales rise sharply for local producers. The American Farm Bureau Federation forecasts the annual average wholesale price for frozen whole hen turkeys at $1.76 per pound, up 30% from the prior year.
An Indiana poultry industry official said feed makes up 60 to 80% of poultry production costs and that higher diesel and fertilizer costs for corn and soybean growers are being passed through.
Feed is the largest cost in poultry production, so higher corn and soybean input costs raise turkey production costs and support turkey prices. Higher feed costs also strengthen demand concerns for feed grains and meal among poultry buyers.
wsbt.comShelby WhitakerNov 13, 2026Not 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.
