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Hormel Foods forecasts annual profit above estimates on higher prices
Reuters· 2025-12-04 13:07
Skippy peanut butter maker Hormel Foods forecast annual profit above estimates on Thursday, betting that its cost-cutting plan, higher prices and sustained demand for turkey will overcome high input c... ...
CEO Stew Leonard Talks Thanksgiving Costs
Bloomberg Television· 2025-11-27 10:04
First of all, thanks for shopping and. Know your customer. You know, we we our target price is the same as last year.The other retailers that I talked to, the ratings are pretty much the same. I don't know where this 40% came from. Somebody picked that number out there.I, I would say right now the mood of everybody and I just talked to a customer a minute ago and after and he said, I feel the pressure right now. It feels like it's a little more expensive. There's a lot of things that go on with your guest.A ...
X @The Economist
The Economist· 2025-11-27 10:00
Few things seem more American than the oversized hulk of meat that is a turkey. Yet as its name suggests, the Thanksgiving bird is a citizen of the world https://t.co/hw4p92PD5N ...
Melissa Clark says 'season your bird ahead' and other Thanksgiving tips
MSNBC· 2025-11-26 13:39
So, if you want to avoid any meal mishaps on your Thanksgiving day tomorrow, >> Morning Joe is the place to go for that, you've come to the right place. Our next guest is an expert in all things cooking. And she's here in studio with recipes and tips for everything from the main meal to the side salad and of course the delicious dessert.Joining us now, food reporter and recipe columnist for the New York Times, Melissa Clark. and this section and your work, it is just it's got such a following. You've contri ...
Tur-key to success: Butterball's tips for the perfect bird
CNBC Television· 2025-11-26 12:55
BROADCASTED ON TV. ANSWER 1946. >> ALL RIGHT.WELCOME BACK EVERYBODY. IT IS THAT TIME OF THE YEAR AGAIN. THE BUTTERBALL TURKEY TALK-LINE IS LIVE TO ANSWER YOUR HOLIDAY QUESTIO.AND JOINING US RIGHT NOW IS NICOLE JOHNSON. SHE IS DIRECTOR OF BUTTERBALL TURKEY TALK-LINE. BUSY, BUSY BUSY DAY OF THE YEAR FOR YOU NICOLE.HOW ARE THINGS SHAPING UP SO FAR. >> HI, BECKY. GOOD MORNING.THANKS FOR HAVING US. WE ARE EXPECTING A LOT OF CALLS THIS YEAR. YOU CAN REACH US VIA EMAIL, CHAT, TEXT, SOCIAL MEDIA.THE LINE IS NOT QUI ...
Thomas: Turkey is cheaper at retail, but wholesale costs are rising
CNBC Television· 2025-11-26 12:31
Food Price Inflation Drivers - Food prices have been accelerating in recent months due to supply chain issues [1] - Tariffs, especially on Brazil, have impacted coffee prices [2] - Bird flu is raising wholesale turkey prices [3] - US cattle herd being at a multi-year low is driving up beef prices, with beef up about 15% year-over-year and ground beef up about 13% [5][6] - Disease in hog herds has led to increased pork prices [11][12] Retail Strategies - Retailers like Kroger and Albertson's are trying to keep prices lower through promotions and cost-cutting to attract consumers [4] - Retailers are promoting more private label products and deals to keep prices steady for consumers [15] Protein Market Dynamics - Protein demand is robust among American consumers, driving up meat prices [12] - Chicken prices have remained relatively stable due to restaurant promotions [10] Future Outlook - Pork prices could turn around faster than beef prices [14] - Beef price relief is not expected in the near future due to the two-year biological clock for cattle herd rebuilding and Tyson Foods reducing beef production [7][8][14] - Egg prices could spike in December and January if bird flu affects egg-laying flocks [14]
Trump pardons the turkey Gobble as part of the annual Thanksgiving tradition
NBC News· 2025-11-25 18:55
Gobble, >> I just want to tell you this very important. You are hereby unconditionally. >> And despite their size, Secretary Kennedy has formally certified that these are the first ever Maha turkeys.I don't know if I agree with that. These are Maha. In other words, they could be fat, but they're still maha.They've been fattened on a steady diet of grass, beef to allow the smoothies, and all of the other things that they've been eating for this occasion. This was a really big occasion, but they've eaten ever ...
X @Bloomberg
Bloomberg· 2025-11-25 12:50
Why is the price of turkey going down? Maybe people like chicken better, @foxjust says (via @opinion) https://t.co/NJ6nyaDRWB ...
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Bloomberg· 2025-11-24 15:14
High turkey prices and historically low production are creating a critical shortage of the birds for food banks nationwide as Thanksgiving approaches, leaving many facilities unable to meet demand for holiday meal donations https://t.co/x3uMsjA3ck ...