“According to USDA retail price reports, featured prices fell sharply just last week and were actually lower than previous year”. The 1-pound relish tray of celery and carrots is also cheaper at 79 cents instead of 82 cents in 2014. “The average price of turkey in Wisconsin was unchanged from last year’s survey, despite a volatile year for the turkey business”.
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Overall, Johnson says the Thanksgiving meal continues to stay fairly steady in price every year.
“This year was no different as farmers coped with worldwide demand issues, production problems, varying input costs and the weather”, Justice said.
All three said one strategy is to provide tupperware, or plastic bags, so guests can take some of the extras home with them, eliminating the need for the host to figure out what to do with all that turkey.
This Thanksgiving, more than 46 million turkeys will be eaten.
Thomas Latiolias, the store manager for Early’s Cajun Super Market, said prices may be high, but most customers still won’t be cutting any corners, “I don’t think it’ll make a difference at all because it’s a holiday”, he said. Hy-Vee, a grocery chain with operations in Sioux Falls, gives shoppers a free turkey when they buy a ham.
If you purchased a frozen turkey, it should be thawing in the fridge. A factor that keeps turkey prices low is their status as a so-called loss leader in the supermarket business, meaning they are intentionally marked down to attract shoppers into the store to buy their other holiday menu items.
Why does the turkey supply skyrocket?
UNITED STATES-Can you believe it?
How does this dramatic increase in supply happen? The national average is $23.04 this year, our turkey costs $32.38. Turkey stocks slowly build up each year until they reach a peak in September.
You can season your turkey a day before you roast it to allow it to thoroughly absorb the flavours.
Kauffman Turkey Farms is continuing to plow through the holidays, as things won’t be slowing down until Christmas. Of course, you can add the so-called “moist maker” – a piece of bread soaked in gravy – to make this sandwich even more decadent.
This year, roughly 3 percent of turkeys died from the virus, which was contained mostly in the upper Midwest region.
What does this mean for the typical consumer? “If that weren’t the case, you might be paying $50 to $60 for a Thanksgiving turkey”, White said.
The farm group blames the price increase on a bird flu outbreak. Some surveyed goods are brand-specific, like Butterball turkey, which may be more expensive than other brands.
As you sit down to enjoy your turkey on Thursday, one local farm may very well be responsible for putting it there.
How do I know when my turkey is done?
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This article was written by Jay L. Zagorsky, economist and research scientist, Ohio State University, for The Conversation.
