Turkey prices slow to recover despite supply reductions
Turkey meat supplies are close to tying a 30-year low set in 2014, but the price response is mild so far.
Sluggish prices are keeping turkey producers cautious in 2019 and beyond.
Short supply, margin improvement
In response to an extended stretch of poor margins, turkey producers reduced output in 2014. The availability of turkey meat fell to its lowest level since 1988. The following year, close to 8 million turkeys…