Too Many Turkeys Means a Cheaper Thanksgiving
- U.S. consumption has been fairly stable for three decades
- Production increase outpaces demand, spurring inventory gains
Turkeys at a farm in Morton, Illinois, on Nov. 11, 2017.
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
There’s plenty of turkey for second helpings this Thanksgiving.
Supplies will be plentiful after a recent production boom. Add that to stagnant U.S. demand and you’ve got the recipe for cheaper birds. According to an annual survey from the American Farm Bureau Federation, a 16-pound turkey will cost about 1.6 percent less than last year, and the whole meal will be the cheapest since 2013.