Turkey Industry Struggles as Consumers Resist Holiday Splurge

27 November 2024

Despite a 6% decrease in turkey prices, Americans are cutting back on Thanksgiving feasts due to ongoing concerns about food costs. Turkey production has fallen to its lowest level since 1985, yet prices are still dropping due to lackluster demand. Retailers are limiting purchases to reduce exposure, while consumers are opting for smaller quantities of turkey meat instead of whole birds.

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