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Wholesale turkey prices in the US have risen 12% this year ahead of Thanksgiving, according to Fox Business. Small family farms are raising prices, with one New Jersey farm lifting its sale price by 30 cents per pound.
Feed and fuel costs, including higher corn and soybean prices of 10-12%, are pushing up turkey production costs, which should keep turkey and feed demand firm into the holiday season.
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.