Turkey prices set to rise as costs bite

Fresh turkey prices are likely to increase around 4-5% this Christmas to cover a significant rise in production costs. That was the consensus among farmers and industry experts at the Anglian Turkey Association’s autumn marketing meeting in early September. Higher feed prices were the main driver of rising costs, after wheat hit £180/t this summer, the highest since 2012. Although current ex-farm prices have come back slightly, they remained around £40/t above last year at the time of writi