Turkey Supplies Tighten As Holidays Approach

Farmers may benefit from higher turkey prices this holiday season, but risks from HPAI and limited poult placements could further strain the supply.

AUBURN, Ala. (RFD-TV)Turkey supplies for the 2025 holiday season are projected to be lower, setting the stage for firmer prices heading into Thanksgiving.

Poultry economists note that poultry placements have lagged throughout most of the year, with both toms and hens down compared to 2024. While July egg sets ticked up one percent year-over-year, overall placements remain light, meaning fewer fresh birds will be available this fall. Frozen stocks are also below historical averages, suggesting tight supplies for the November holiday.

Wholesale fresh turkey prices are already trending higher. Small lot prices moved into the $1.55 per pound range in early September, up from last year’s levels, while larger buyers have held near $1.40 per pound under contracted terms. Analysts expect further increases as holiday demand builds and cold storage inventories are drawn down.

Adding to supply pressure is Highly Pathogenic Avian Influenza (HPAI). The U.S Department of Agriculture (USDA) reports that more than 195,000 turkeys have been lost to HPAI outbreaks since August, with wildfowl migration increasing the risk of further spread this fall. Following the loss of over 18 million birds to HPAI in recent years, turkey production has remained below average, and recovery has been slow.

Tony’s Farm-Level Takeaway: Farmers may benefit from higher turkey prices this holiday season, but risks from HPAI and limited poult placements could further strain the supply. Consumers should expect tighter availability and stronger prices for fresh and frozen birds at Thanksgiving.
Related Stories
Beef demand could be influencing other economic sectors, as consumers adjust spending habits to prioritize higher-priced beef products.
AFBF Economist Bearnt Nelson joins us with insights into current turkey flock sizes, HPAI concerns, and production impacts on holiday demand.
“It, all of a sudden, says that tracking and fighting hunger is not a priority, apparently, at the federal level.”
Taiwan’s pledge to expand imports strengthens export prospects for U.S. row crops, livestock products, and specialty commodities, while the USDA’s broader trade push seeks to diversify farm markets globally.
Despite global improvement, food insecurity remains deeply concentrated in vulnerable regions.
Livestock and government payments provide a boost, but crop receipts and rising expenses keep pressure on margins. Strong financial planning remains key in a volatile environment.
The USDA’s August Cold Storage report shows shifting stock levels across major dairy, meat, and poultry products.
The decline in production marks the second consecutive year of contraction in the U.S. turkey industry.

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

Tyson expects another year of beef-segment losses due to tight cattle supplies, even as chicken, pork, and prepared foods strengthen overall margins.
Export strength is concentrated in corn and wheat, while soybeans and sorghum lag, keeping basis and logistics dynamics highly commodity-specific into late fall.
Pasture, Rangeland and Forage (PRF) interval selection—not just participation—drives protection levels as rainfall patterns become less predictable across the South.
If the House concurs and the President signs, USDA services and farm-bill programs resume at full speed with authorities extended for another year.
A smaller U.S. turkey flock and resurgent avian flu have tightened supplies, driving prices higher even as other key holiday foods show mixed trends.
ARC/PLC, marketing loans, and crop insurance each matter at different points in the price cycle — and the new Farm Bill strengthens the balance among them.