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Turkey prices rise 12% as farms face higher feed costs ahead of Thanksgiving

Market News
11 Nov 2026, 20:06 WIB
Fox Business
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Bearish
Turkey prices rise 12% as farms face higher feed costs ahead of Thanksgiving

Turkey farms across the U.S. are raising prices this Thanksgiving season due to increased production costs, especially higher feed prices like corn and soybean which have risen 10-12%. Wholesale turkey prices have increased by 12% nationwide, with some farms like DiPaola Turkey Farms raising prices by 30 cents per pound. Despite the price hikes, customer loyalty helps smaller farms manage these cost pressures. This trend signals higher grocery bills for families preparing for the holiday.

Turkey prices and farm cost pressures are rising this Thanksgiving season. For readers following the Consumer Staples sector, here is Pluang's market snapshot as of Nov 12, 2026 01:22 WIB: Of 63 priced US stocks, 16 rose and 46 fell. Tyson Foods, Inc. (TSN) traded at USD 59.04 with a 1-day change of -2.07% and 100% buy order activity. JBS N.V. Class A (JBS) was at USD 12.16, down 1.94%, also with 100% buy order activity. Albertsons Companies Inc (ACI) traded at USD 12.94, down 1.90%, with 72% buy orders and 28% sell orders.

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