ANALYSIS: Turkey Production Shortages Cloud Holiday Preparations

We are now just over five weeks away from Thanksgiving and the turkey and retail industries are trying to prepare. However, some members of the star team appear to be missing.

Whole turkeys are notably tight heading into November this year. While September’s USDA cold storage report has yet to be released, frozen holdings from March through August were situated at the lowest seasonal levels on record. Many processors are already reporting major shortages of production heading into the holiday season as the number of turkeys harvested year-to-date hovers at an all-time low...

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