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Thanksgiving Turkeys Will Be More Expensive This Year

On november 21st President Joe Biden performed one of the more peculiar presidential duties. Upon his return from the COP27 climate summit in Egypt, Mr Biden pardoned the two Thanksgiving turkeys in an annual ceremony that has been a tradition since Ronald Reagan’s days in office. The spared specimens are sent to farms or universities, where they are left in peace for the rest of their natural lives.

Such clemency looks generous in a time of sky-high inflation. Food prices have risen sharply...

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Nov 22 8:34 AM, General News



Farm Bureau: Thanksgiving Dinner Cost Up 20%

Farm Bureau's 37th annual survey reveals the average cost of this year's classic Thanksgiving feast for 10 is $64.05, less than $6.50 per person. This is a $10.74 or 20% increase from last year's average of $53.31.

The centerpiece on most Thanksgiving tables – the turkey – costs more than last year, at $28.96 for a 16-pound bird. That's $1.81 per pound, up 21% from last year, due to several factors beyond general inflation. Farm Bureau "volunteer shoppers" checked prices Oct. 18-31, before most grocery store chains... 

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Nov 17 8:00 AM, General News


Kroger Promises a Thanksgiving Fresh for Everyone

The Kroger Co., America's grocer, today shared its efforts to cushion customers from the impacts of inflation as they prepare holiday meals, including a zero-compromise shopping guide with meal options that can feed 10 people for as little as $5 per person. The grocer, who estimates the cost of turkey has risen 20 cents per pound this year, will not shift the rising cost to customers.

"At Kroger, we are committed to making the holiday season memorable and accessible for everyone," said Stuart Aitken, Kroger Senior Vice President and Chief Merchant...

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Nov 15 9:30 AM, General News


Meijer Ready for Thanksgiving with Bountiful Turkey Supply

With Thanksgiving fast approaching, Meijer is stocked and ready with traditional turkeys, as well as non-traditional entrees to appeal to everyone around the table.

The Midwest retailer wants its customers to know it has a wide selection of competitively priced turkeys but encourages them not to wait too long to make their purchase.

Customers can purchase Meijer brand frozen turkeys for 55 cents per pound through Nov. 26.

The retailer is offering a vast selection of fresh, frozen and organic birds to suit every household's preferences. Meijer brand fresh turkeys...

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Nov 8 8:00 AM, General News


Get Ready to Pay More for This Year’s Thanksgiving Turkey

The Ekonk Turkey Hill Farm grows about 4,000 pasture-raised turkeys but the co-owner and founder Rick Hermanot says the farm has been squeezed by soaring prices for baby turkeys, feed and fertilizer, the latter essential to the organic approach to raising the birds. (Douglas Hook)

Carving into the most classic of all holiday main courses this year — the Thanksgiving turkey — will first mean shoppers digging a lot deeper into their wallets before they gather around the family dinner table.

And finding just the right size bird for the...

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Nov 4 8:14 AM, General News


Strong Ham Prices Underpin Hog/Pork Prices in the Near Term

Slaughter is down almost 5% from 2019, exports to Mexico are record high, turkey prices are record high and cold storage inventory is down double digits. Expect ham prices to remain firm through the holidays this year.

Steiner and Company produces the Profit Maximizer report on behalf of National Pork Board based on information we believe is accurate and reliable. However neither NPB nor Steiner and Company warrants or guarantees the accuracy of or accepts any liability for the data, opinions or recommendations expressed.

Highlights
- Hog futures were sharply...

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Oct 25 9:10 AM, General News


Butterball® Offers New Spin on Daily Support, Inspiration to Stressed Thanksgiving Hosts

America's most loved turkey brand announces return of the Butterball Turkey Talk-Line™, extends 40+ years of Turkey Talk-Line expertise to limited-edition holiday calendars

Today, Butterball released the first-ever Butterball Turkey Talk-Line Comfort Calendar, a limited-edition calendar that provides Thanksgiving hosts 24 days of emotional support, practical tips and a whole lot of comfort. Limited quantities of the Comfort Calendars will be available Oct. 24-26 at ButterballComfortGiveaway.com. The daily tips and recommendations will also be available via Instagram beginning...

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Oct 25 8:00 AM, General News







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Foodmarket, a specialized media offering from Urner Barry, is the premier source of market news for the food industry.

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