Latest Updates: Related to Inflation

The Denver Post: This Thanksgiving, bypass inflation by gathering around a chicken


It’s a nasty combination of a severe bout of avian flu across the U.S., the inflation of feed grain (especially corn and soybean) prices and, finally, a decline in what’s known as “live-weight” turkey production. It all just spells out to say, “Thanksgiving dinner turkeys will cost a lot this year.” So seconds Walter Kunisch, senior commodities strategist at HTS Commodities, writing, “Year-to-date, 2022 turkey production is the lowest in 10 years and is running 5(%) below 2012 levels . . . .  2022 whole 8- to 16-pound wholesale hen prices are estimated to be 23(%) higher than 2021.”

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