Why does the price of turkeys fall just before Thanksgiving?

Thanksgiving is a great U.S. holiday during which people consume huge quantities of turkey, stuffing, cranberry sauce and pie.  One of the stranger things about this holiday, however, is that a few days before everyone starts cooking, whole turkeys are suddenly discounted by supermarkets and grocery stores. Continue reading

How Come Prices For Turkeys Fall Just Before Thanksgiving?

In a few days it will be Thanksgiving, that great holiday where people consume huge quantities of turkey, stuffing, cranberry sauce, and pie for dessert.  One of the strange things about this holiday is that a few days before everyone starts cooking, turkeys go on sale!  In my family, we  almost never eat turkey except at Thanksgiving.  Why does the price come down at the one time in the year when demand for the product spikes? Continue reading