ANALYSIS: Navigating the Frozen Whole Turkey Market

If we take a look at Expana’s current 16 lbs. frozen tom turkey quotation in comparison to all the previous data dating back to 1989, it doesn’t look like current prices are that low. However, when inflation is accounted for, we find that it is in the bottom 1% of listed values. In fact, this week’s data is only higher than the inflation-adjusted quotations of 16 other weeks: Late-February through late-March in 2002 and January to early February in 2004.

Interestingly, this value, which is 24% lower than...

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