Newsroom - Kentucky Farm Bureau

Newsroom

Record Turkey Prices Expected as Thanksgiving Approaches

Record Turkey Prices Expected as Thanksgiving Approaches

 Families can expect to pay record high prices at the grocery store for turkey this upcoming holiday season thanks to the impacts of the bird flu and inflation. American Farm Bureau Federation economists analyzed turkey and egg costs in their latest Market Intel.

Across Kentucky - July 15, 2022
July 15, 2022
Across Kentucky - July 15, 2022

KFB's Jackson Tolle says collegiate Farm Bureau chapters complement the Young Farmer Program.

Listen here

Market Closes - July 14, 2022
July 14, 2022
Market Closes - July 14, 2022

CBOT futures closed mixed with gains in corn and losses in soybeans and wheat. Live and feeder cattle futures closed lower after making gains the past three trading days. Lean hog futures closed lower given the general weakness in commodities. 

Market Closes - July 13, 2022
July 13, 2022
Market Closes - July 13, 2022

CBOT futures closed mixed but well off the day’s highs. Corn and soybeans found support from weather outlooks which are drier and warmer than “normal” out at least two weeks. Live cattle closed slightly higher but feeder futures posted large gains for a third straight day. Lean hog futures closed higher but stopped short of trading above last week’s highs. 

Across Kentucky - July 13, 2022
July 13, 2022
Across Kentucky - July 13, 2022

KFB President Mark Haney says collegiate Farm Bureau chapters meet an important leadership objective.

Listen here

Market Closes - July 12, 2022
July 12, 2022
Market Closes - July 12, 2022

CBOT futures closed sharply lower and near the day’s lows despite a relatively neutral USDA WASDE Report released at Noon EDT. Live cattle futures closed slightly higher but feeder cattle futures soared by over two percent thanks to the collapse in corn futures. Lean hog futures closed slightly higher, supported by stronger cash hog prices and pork cutouts.

Market Closes - July 11, 2022
July 11, 2022
Market Closes - July 11, 2022

CBOT futures closed widely mixed and nearer the day’s lows than the highs, the latter were set Sunday night. Cattle futures closed strongly higher after opening this morning in the red due to the sharp CBOT gains. Lean hog futures closed lower after testing Friday’s highs at the top of the recent trading range.