With Thanksgiving fast approaching, you have probably heard that there is a turkey shortage. The Biden Administration with the Department of Agriculture has moved forward with regulatory actions aimed at easing the supply bottleneck of the meat and poultry industry.
we ve seen evidence of that within the economy, that, you know, as americans we want to have our experiences, especially after being under lockdown and feeling like we were sequestered so long that we wanted a normal holiday season. basically what you re saying, the shoppers are blowing through that. however they re paying for it is another story, but they re managing. jacqui, they re shopping smarter today. look, our fresh turkeys and i recommend everybody go fresh, don t get a frozen turkey for thanksgiving. get a fresh turkey. they were 2.69 last year and free range, no antibiotics and that s what customers want today and they re 2.99 this year so we went up about 10% on our turkey prices. we re not making extra money on that. our farmer probably raised their price up more than 10% on that. we got a load of christmas trees and you talked about the weather up north. they came in with snow on them. i had a snowball fight yesterday with some of our
the clock is ticking down to thanksgiving as prices tick up for turkeys. cbs janet shamlian goes to an indiana turkey farm where it turns out inflation is not the only reason turkey prices are flying high. reporter: these are the last of more than 6,000 turkeys kyle becker raised on his rural indiana farm this year. so these are broad breasted white. reporter: even though he s charging more, his earnings will be half of last year. what are you facing in raising turkeys? feed is up, labor is up. processing, even the boxes that we put the turkeys in have increased in price. reporter: turkey prices are flying high. the average price of a whole frozen bird is $2.45 a pound. 70 cents higher per pound than in 2021.