By Alabama Extension System
Food prices are soaring over this time last year, and even the Thanksgiving turkey is not being spared. Turkey prices are at their highest levels since 2000, adding to what is already expected to be a more expensive celebration later this month.
Wendiam Sawadgo, an agricultural economist with Alabama Extension at Auburn University, said several market factors are to blame.
“We have seen a notable decline in production, largely due to the Highly Pathogenic Avian Influenza outbreak earlier this year,” said Sawadgo. “Rising costs of turkey production from higher feed costs due to high corn and soybean prices are another factor.”
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