With Thanksgiving around the corner, many are starting to make a budget for the holidays. Before heading to the supermarket, be aware that the cost of turkeys may cause sticker shock.

Thanks to the avian flu outbreak, there are 5 million fewer turkeys raised in the U.S. this year compared with 2024, making it a 40 year low, according to Purdue University.

The wholesale price of a turkey this year is up a staggering 75% compared with last year, averaging about $1.71 per pound.

After price markups for consumers, they may not feel thankful, but according to Mark Hamrick, senior economic analyst for Bankrate, there may be good news.

“Grocery stores know that many, if not most, consumers are going to be in the market to buy a turkey over the next few months,” Hamrick said. “They very ofte

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