ANALYSIS: From Steady to Skyrocketing: The Unprecedented Rise of Fresh Turkey Thigh Meat Prices
On January 21, the fresh turkey thigh meat quotation reached a record level that has steadily risen since then. Still, thigh meat supplies remain nearly nonexistent, and some sellers toss around asking prices that are nearly 24% higher than the previous all-time high of $2.02. This begs the questions: How did we get to this point, and where do we go from here?
Like many high-powered objects, the energy needed for rocketing prices has been slowly accumulating in the...
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