business news in context, analysis with attitude

The American Farm Bureau reports that tomorrow’s Thanksgiving Day turkey dinner will be 11 percent more expensive than last year – up to an average of $42.26 from $38.10 a year ago - the biggest annual increase since 1990. The cost of the actual turkey is up 12 percent, to a record $17.63, for 16-pound bird.

The reason, according to the Bureau, is depleted frozen turkey supplies and increased energy costs.

KC's View:
Of course, since this is the only time of the year when you can actually sell turkeys, countless US retailers also will deem it the appropriate time to put the damn things on sale or virtually give them away.

Which has never made much sense to me.