Turkflation: Rising Prices Slam Thanksgiving Feasts

The video discusses the rising costs of Thanksgiving meals, highlighting the impact of the pandemic, worker shortages, and global market influences on food prices. It explains how meat and turkey prices have surged due to increased costs in animal feed and labor shortages. The video also explores the volatility of the food supply chain and the role of global market dynamics. It concludes with a discussion on future price trends and the importance of supporting food banks during these challenging times.

What is the main reason for the increase in turkey prices this Thanksgiving?

• New government regulations

• Pandemic-related worker shortages and inflation

• Improved quality of turkey

• Increased demand for turkey

Which industry was one of the first to be affected by worker shortages during the pandemic?

• Technology

• Meatpacking

• Retail

• Education

What has caused the price of corn, a major feed for turkeys, to rise significantly?

• Increased global demand for corn

• Droughts in major corn-producing regions

• Record high prices of inputs

• New farming techniques

What is one of the main components of nitrogen fertilizer that has seen a price increase?

• Solar energy

• Coal

• Natural gas

• Petroleum

What can individuals do to help those affected by rising food prices?

• Donate to food banks

• Invest in food companies

• Start their own farms

• Buy more food for themselves