You Know The Economy Is Bad When Turkey Prices Double
By aireanna18
@aireanna18 (1914)
United States
November 21, 2012 1:10am CST
I had been looking forward to November for some good deals on turkeys. Generall, turekeys go on sale really cheap in November for Thanksgiving. A couple of years ago the price was .39 a pound. The bargain was so great that I bought three. One to cook, and I put the other two in the freezer. Well like everyone the budget keeps getting tighter and tigher, so I was really counting on the sale prices of turkeys being low. I mean generally I can purchase a 12 pound turkey for about $5. Then, it is food and left overs for the week. This year, the cheapest price that I could find on turkey was .78 at Walmart. This shocked me because for as long as I can recall turkey prices have always ranged between .39 - .47 a pound.
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I know that the prices for groceries has gone up, but it really shocked me when I saw that the price of the turkeys had doubled. I was excepting to pay a little bit more this year, but definitely not double the price.
The ironic thing is that the 10 pound bags of potatoes are still the same price as usual this November. I got a 10 pound bag for .88. This leaves me to wonder what is going on with the economy that the price of turkeys has doubled?
What other surprising signs of the poor economy have you seen? What do you attribute to the cause of these economic events of prices rising, and so forth?
1 person likes this
1 response
@FrugalMommy (1438)
• United States
21 Nov 12
I think there is a corn shortage this year, which means that farmers are probably paying more for corn to feed their turkeys than they have in other years. The stores have to pay the farmers more for the turkeys, so they raise the prices we pay so they'll still profit from them.
I live a few hours north of you, and the cheapest price I've seen is $0.79 a pound at Safeway when you buy $25 of other groceries. They'll give you a free 8-24 pound turkey if you spend $150 in a single transaction, though...