The average price per pound in the meat department across all cuts and kinds, both fixed and random weight, stood at $4.67 in October 2024, up 1.9% year on year.
Growing demand for convenience, longer-term pressure on turkey supplies and increasing competition from beef and pork marketers may impact longevity of the holiday turkey.
While consumers increasingly seek new products that deliver value, the meat and poultry industry must balance opportunities with challenges, including the tight beef supply and avian influenza.