Grocers are paying about $1.80 a pound wholesale for frozen whole turkeys two weeks before Thanksgiving, while advertising them for under half that. USDA's November supply and demand report put the 2026 average for frozen whole hens at $1.77 a pound, 30 percent above last year, and raised the holiday-quarter forecast on tight whole-bird supplies.
Tight whole-bird supplies and firm wholesale prices point to a stronger turkey market into the holidays, even as retailers use turkeys as loss leaders. Feed buyers should expect firm turkey demand for feed through the holiday quarter.
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.