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USDA: Turkey retail prices may not reflect market prices

Wholesale turkey prices are actually running higher than they were a year ago, USDA analyst Shayle Shagam says

Consumers may be noticing turkey prices at retail are on par with and even lower than what they paid in advance of Thanksgiving one year ago. However, Shayle Shagam, U.S. Department of Agriculture (USDA) livestock analyst, said wholesale prices are actually above what they were a year ago.

Speaking during a November 17 USDA Radio News interview, Shagam said the supply of frozen turkey hens has been running around 17% lower than the supply from the same time of 2019, and the wholesale price is around $1.14 per pound, up from the price of around $1 per pound in 2019.

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