Subject: Re: Turkey Prices UP 40%
With all due respect to your post and the USDA, it seems Turkey is a loss leader for many companies. On Amazon you can get it for 69 cents a pound.
At Target it's 99 cents a pound.
And I'm sure in year's past, there were other individual retailers that offered certain turkeys at prices below the going rate as a loss leader as well.
The point is that "turkey prices" - meaning the prices one pays for turkey generally across all retailers across the nation - have gone up a lot. That does not mean every retailer's price has gone up, but it means that turkey prices generally have gone up. Because of a supply shock, which has caused prices to rise. Which is inflation, BTW: not all inflation is caused by changes in the money supply, as you can learn here if you're interested:
https://www.rba.gov.au/educati...