Turkey Prices Soar Ahead of Thanksgiving Celebration Amid Inflation
Factors Behind Rising Turkey Prices
Turkey prices are experiencing significant increases as COVID-19 challenges and inflation plague the market. According to the United States Agriculture Department, wholesalers expect to pay around $1.32 per pound this Thanksgiving season, a sharp 40% increase compared to last year's average of $0.94 per pound.
Supply Constraints and Their Effects
- The total number of available turkeys has decreased significantly over the years.
- Avian flu outbreaks have severely impacted turkey production; over 3 million turkeys have been affected this year alone.
- USDA data indicates that farmers raised approximately 195 million turkeys in 2025, a decline from 200 million in 2024.
Retail Strategies to Attract Customers
In light of soaring prices, retailers like Walmart are implementing strategies to attract budget-conscious consumers. Walmart is offering Butterball turkeys at just $0.97 per pound along with a meal deal for 10 people for under $4 per person. Similarly, Aldi is promoting a $40 meal deal for 10 people.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.