As we inch closer to Fall, many consumers are looking toward their Thanksgiving dinner, and it will likely be a lot pricier this year than last.
Hormel Foods’ Jennie-O, the second-largest turkey processor, announced a 500 percent profit increase in the third quarter, due in part to a turkey population that took a hit this year thanks to High Pathogenic Avian Influenza.
USDA says fresh tom breast meat prices have reached more than $6.50 per pound, which is a $4.50 increase from two years ago.
Related:
Your Thanksgiving turkey will likely be expensive again this year
How supply chain issues may add stress to preparing your Thanksgiving feast
This year’s Thanksgiving dinner may break the bank
