Local reporter Lydia Hu travels to Hamilton, New Jersey, to cover how turkey producers such as Artie DiPaola are elevating prices ahead of the holiday season due to escalating production costs.
Families gearing up for Thanksgiving may encounter higher costs for holiday turkeys as rising overhead pressures strain turkey farms during a peak season.
Wholesale turkey prices across the nation have climbed 12% this year.(iStock / iStock)
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The production costs are soaring across the board. To manage their budget, DiPaola explained that the farm decided to raise the price by 30 cents per pound to maintain favorable margins for loyal customers.
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Even for smaller operations such as this 78‑year‑old farm, customer loyalty offers a cushion against the surge in operating costs, though price hikes are unavoidable.
DiPaola added that the uptick in sales provides some relief by helping to absorb the rising expense pressures.
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