Turkey Trouble

While turkeys don’t fly, their cost are soaring. The price of an 8- to 16-pound frozen turkey is $1.35/lb. up 27% Y-o-Y, largely due to frozen bird inventories being down 30% from their 2016-2020 5-year average. Accordingly, the American Farm Bureau reports that a Thanksgiving feast for 10 with sweet potatoes, rolls, a vegetable tray, and a pie with whipped cream will cost $53.31, up 14% Y-o-Y. Happy Thanksgiving!