Chickening Out? Butterball CEO Denies Americans Will Switch From Turkey To Other Thanksgiving Fare Because Of Inflation | Eastern NC Now

As inflation comes home to roost for many American families preparing to celebrate Thanksgiving, leadership at one of the largest poultry producers in the nation is denying that households will shift from turkey to other alternatives.

ENCNow
    Publisher's Note: This post appears here courtesy of the The Daily Wire. The author of this post is Ben Zeisloft.

    As inflation comes home to roost for many American families preparing to celebrate Thanksgiving, leadership at one of the largest poultry producers in the nation is denying that households will shift from turkey to other alternatives.

    Butterball CEO Jay Jandrain remarked during an interview with Fox Business that his company would be able to supply Americans with sufficient amounts of turkey and affirmed that distributors had reported solid interest in the holiday bird. "We expect that everyone who wants a turkey will get one this year," he said. "We've shipped, actually, more product this year than we did last year. And so far, what we're hearing from the retailers is that pull-through is good, there are no shortages and everybody should be able to get just exactly what they're looking for."

    Concerns that Americans may be peckish on Thanksgiving emerge as the cost of the holiday meal increases precipitously. According to an analysis from the American Farm Bureau Association, the overall cost of a typical Thanksgiving dinner has risen 20% since last year. The price of a 16-pound turkey has risen from $23.99 to $28.96, marking a 21% increase as an outbreak of the avian flu impacts flocks across the country, while the costs for cubed stuffing mix and one dozen dinner rolls have surged 69% and 22%, respectively.

    One report from The New York Post revealed that some consumers would be preparing chicken for their relatives as turkey prices remain particularly high. Jandrain, however, cited a survey conducted by his company finding that 85% of respondents will still be gobbling turkeys.

    "I've not seen any data at all around the chicken substitution for turkey," Jandrain said. "So we certainly aren't expecting a change there. And we know that we're shipping a lot of turkeys this year, more so than last year, actually, and some survey work that we've done here in stores recently shows very few of our turkeys left. So it looks like sell-through is good."

    The executive added that producers are bearing most of the burden from the higher prices. "The way that our operation is set up, we provide the feed to our farmers who grow turkeys for us. So we know all too well how expensive that is, and what the impact of that is into the cost of the product," he continued.

    Rising price levels may provide good news to Americans who would prefer to wing it on Thanksgiving rather than prepare a meal at home. According to a report from Wells Fargo, prices for food at home have increased at a faster pace than prices at restaurants, implying that leaving the henhouse may be more affordable this year on a relative basis.

    Economic phenomena such as labor shortages and supply chain bottlenecks have contributed to overall inflation. Jandrain confirmed that transportation and warehousing expenses have risen this year and are not "going away" anytime soon. "We've got a number of very smart people in our group working to try to minimize the impact of that, on how we manage our freight and our distribution," he explained. "They're doing a lot to work with our customers to make sure that we can minimize that and really just take costs out of the supply chain altogether."

poll#166
With the Midterm Elections less than one week away: What do you consider the top issues that you will be voting on to be corrected by your better representation?
  Education
  Crime
  Big Government getting Bigger
  Biden /Democrat controlled Spike in Energy Cost
  Inflation created by Legislation of Majority in Power
  Gender Reassignment
  Corrupted Bureaucratic /Service (DOJ, FBI, etc.) Institutions
  Abortion
  Discredited Legacy Media
  Ending the Corruption of Dishonest Politicians
  Corruptive Influence of Social Media
  Wide Open Southern Border
439 total vote(s)     What's your Opinion?

Go Back

HbAD0

Latest Op-Ed & Politics

If you are covering Roy Cooper in Greensboro today, please consider the following statement from the Republican National Committee:
Obama and Biden judges abuse power for political reasons to try to stop Haitian deportations
teachers union rally held on major socialist / communist May Day holiday
Democrats foment climate of violence against Trump and GOP

HbAD1

Cheryl Hines. Dennis Quaid. Nicki Minaj. All became associated with the Trump administration. What happened next?
A federal grand jury in North Carolina has indicted former FBI Director James Comey on two charges related to making threats against President Donald Trump.
Their goal was simple: to put a Planned Parenthood in every mailbox in America.
Treasury officials allege these groups pose as humanitarian entities while covertly siphoning donations to Hamas.
President Donald Trump has publicly floated regime change and other aggressive actions toward Cuba.
With a new roadside plaque unveiled in Ellerbe on April 23, legendary wrestler and local resident André René Roussimoff is finally getting the formal recognition fans believe he deserves.

HbAD2

 
 
Back to Top