Summary
Stores are offering discounted or even free turkeys to attract shoppers during Thanksgiving. However, the cost of other Thanksgiving foods might be higher compared to last year. This is partly due to diseases reducing the turkey supply and general increases in food prices.
Key Facts
- Old Brick Farm, a small farm in Michigan, avoided bird flu which killed over 2 million turkeys in recent months.
- U.S. turkey supply is at a 40-year low due to disease, increasing wholesale prices by 44%.
- Many stores are discounting turkeys despite higher wholesale prices to attract customers.
- The cost of a basket of common Thanksgiving foods rose by 4.1% compared to last year.
- Discount grocers like Aldi and Kroger offer lower-priced Thanksgiving meal options.
- Retail prices for a 10-pound turkey have slightly decreased by 2% as of mid-November.
- Avian viruses and rising beef costs contribute to increased demand and higher wholesale turkey prices.
