Tuesday, November 20, 2007

Ethanol pushes turkey prices 11 percent higher

Get ready to pay more this year

Because corn comprises 60 percent of turkey feed, expect turkey prices to be 11 percent higher than last year thanks to corn-based ethanol according to a Power Lunch report by CNBC's Jane Wells.

Not all is bad news on the turkey front. Sales of free range and organic turkeys are on the rise.

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