ANALYSIS: Turkey Retail Distribution Plummets as Economic Reality Reshapes Buying Patterns
Demand for turkey at the retail counter has slowed significantly, which is driving prices lower throughout much of the complex. Total year-to-date (YTD) distribution of turkey items at retail is down 21.1% year-over-year (YOY) and is 22.2% below the 5-year average. Fresh bacon, fresh turkey breast, and fresh and frozen ground turkey make up 78.3% of the retail market, and all of these items have experienced declines...
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