The price to put together a special meal this Thanksgiving holiday may cost you more than you were expecting, as farmers warn of a “dire situation” due to labor shortages, shipping delays and rising inflation costs. You can expect to spend more for your favorite stuffed turkey and sweet sides of cranberry syrup.
” Regardless of political affiliation, there is a marked difference in the prices between last November and this year,” said Chris Bohrer of Sho Nuf Farms, which is a Maryland turkey farm.
Jay Yankey of Yankey Farms, Nokesville in Virginia, warned that “we might be facing a serious crisis down to the road if we aren’t producing enough farmers.” It is not clear if there will be shortages due to these large inputs or if they won’t produce any. It is unfortunate that some farms have to close down.
The price of your turkey is going up due to rising input costs. A ton of the same feed in 2020 cost Bohrer almost double when he put in a new order last week. To compensate, and to ensure that he makes at least a profit this season, Bohrer must increase the prices he charges his loyal customers.
Many Americans are not too happy with paying a new price for their usual turkeys. It was $2. 40 per pound price for one of his fresh all-natural turkeys last year jumped to $2. 75 per pound for the week of November 5, on par with the weekly Department of Agriculture turkey report. Even that per-pound price will not be enough to break the dollar before Thanksgiving.
” What hurts me most is charging my loyal customers more than they are used to.” Pauline Smith, owner of Turkey Hill Farm said with a somber tone. She also had to increase her prices, noting that shipping delays and trucking costs have added to her already busy schedule. We need $5 parts for the stapler that was broken, which will take between 2 and 3 weeks. It’s impossible to box turkeys for people.
Inflation soared in October as well, with the Consumer Price Index climbing 0.9% marking a 6.2% increase in prices since the same time last year.
Labor shortages also play a huge factor in the long shipping delays and some machine parts not being available. Factories do not have the workers or hands to fulfill demand.
Smith, 35, said this should never happen in America. America was built on hardworking Americans living here, and they were living their dreams. We need them right now because all of these small businesses will die.
Each farmer, owner of a steel plant, and commodity grower have found their way through this difficult year. Direct marketers of their products have more flexibility than those who are already in contact. They are then bound to the price agreed at the time they make the deal.
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