ANALYSIS: All Eyes On Turkey Supplies

As we round the corner to Q4, there are very few, if any, food-oriented holidays standing in the way between now and Thanksgiving. While seasonal market performance of bellwether lines such as whole-body turkeys is typically a straightforward read, that couldn’t be further from the truth here in 2024. Lackluster wholesale and consumer demand patterns, in conjunction with wide fluctuations in supply and asked prices, have left market participants breaking out their figurative roadmaps.

With this in mind, we thought it would be a timely opportunity to check...

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