close window

Daily Email Update

Stay informed. Sign up for Farm Equipment's Daily News Email.

Dueling Combines

John Deere 893 Stock Corn Head vs. John Deere 893 upgraded with Calmer Trash Reduction Kit. View it!

Featured Product

 

This report aims to track ownership changes and consolidation trends of North American farm equipment dealers.
$49.00

Turkey Prices Have Risen
Faster Than General Food Prices

Source: USDA

November 21, 2012 — Prices for turkey, a Thanksgiving staple, have increased more than prices for most other grocery store foods in recent years. From 2005 to 2011, average retail turkey prices increased by 47 percent, while food-at-home prices rose by 13 percent. Higher feed costs and energy prices led producers to reduce turkey inventories, driving up retail turkey prices. However, average turkey prices fall every year near Thanksgiving, and most years, retail turkey prices are at annual lows in November or December. Prices of other Thanksgiving foods have not followed similar trends. Potato prices, for example, have increased more in line with food-at-home prices and do not show a strong seasonal pattern. More information on food price changes and forecasts can be found in ERS's Food Price Outlook data product, updated October 25, 2012.  For more information on the U.S. turkey sector, visit the Poultry & Eggs topic page on the ERS website.

Turkey and Potato Prices

See the ERS Charts of Note.

Posted November 21, 2012
COMMENTS: 0

Post comment / Discuss story * Required Fields
Your name:
E-mail *:
Subject:
Comment *:
Please enter the characters that you see in the field below.
Verification:
Verification 

© 2014. Lessiter Publications and Farm Equipment. 225 Regency Court, Suite 200, Brookfield, WI, 53045. PHONE: (800) 645-8455, E-MAIL: info@lesspub.com.
Website Development by Envision IT