Turkey prices are expected to rise sharply this year, with some estimates suggesting increases of up to 40%. This surge is primarily attributed to supply pressures and escalating wholesale costs, exacerbated by outbreaks of avian influenza that have significantly impacted turkey farms across the United States.
According to a recent report from the United States Department of Agriculture (USDA), these bird flu outbreaks have led to a reduced number of available turkeys, pushing wholesale prices higher. Dr. David Anderson, a professor and extension economist at Texas A&M University, stated, “It’s really hit turkey farms hard. So that’s really part of producing less turkey this year than last year. It’s contributing to much higher wholesale prices.”
Despite the expected hike in prices, grocery stores in Northeast Ohio are actively competing to provide consumers with lower prices at the checkout. Some stores are offering prices that are lower than those of the previous year. For instance, this week, the lowest turkey price reported by News 5’s “Don’t Waste Your Money” price tracker was 49 cents per pound at Meijer, followed closely by 69 cents per pound at Dave’s Markets. Many retailers have implemented quantity limits, generally restricting customers to one or two turkeys to manage demand.
Food experts encourage shoppers to take advantage of these competitive deals, particularly as frozen turkeys remain considerably less expensive compared to fresh options. Notably, many fresh birds that will grace Thanksgiving tables have yet to be processed and are still on farms.
Jennifer Thornton, a culinary expert from Buttercream and Olive Oil, emphasized the importance of maximizing the value of turkey purchases. “You think classic Thanksgiving recipes and all that sort of thing,” she said. “Don’t think like that. Think, what would I do with chicken?” This perspective encourages families to consider creative ways to extend the use of turkey beyond the traditional holiday meal.
Large grocery chains have the advantage of locking in their turkey supply contracts many months in advance, which helps them mitigate some of the recent price increases. Dr. Anderson noted, “They contracted eight or ten months ago for their turkey supply for what they need now. That certainty has helped them avoid this run-up in prices.”
As shoppers navigate these dynamics, experts advise comparing prices, buying early, and considering stocking up on turkey while supplies last.
Weekly Price Tracker
To assist consumers in finding the best deals, a weekly price tracker will monitor grocery prices at various stores, including Meijer, Giant Eagle, Aldi, Walmart, Heinen’s, and Dave’s Market. The tracker will focus on essential items such as 2% milk, a loaf of wheat bread, chicken, ground beef, eggs, and cereal.
For those willing to shop around, there are opportunities to find deeper discounts on meat, dairy, and pantry goods. The team behind “Don’t Waste Your Money” will continuously monitor store shelves, providing insights into price fluctuations and available promotions.
In a competitive grocery market, customers are encouraged to submit their discoveries of better deals. This initiative aims to highlight the best prices available, fostering a community of savvy shoppers who are always on the lookout for savings.
As the holiday season approaches, consumers are reminded to stay informed about pricing trends and to take advantage of the ongoing deals in the run-up to Thanksgiving.
