Drought Driving Up Cost Of Your Thanksgiving Turkey
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CHICAGO (CBS) — Just in time for your Thanksgiving dinner, prices at the grocery store are going up.
Blame it all on the summer drought–the worst to hit the Midwest in decades.
The U.S. Agriculture Department says the dry weather drove up the price of feed corn and soybeans. That’s having a domino effect on animal-based products.
Turkey, chicken, veal and beef prices will soar through next year.
Eggs, vegetable oil and dairy products will cost you more, too.
And you can expect drought-heightened prices on a wide range of foods in 2013, including everything from cereals to soups.
LISTEN: WBBM Newsradio’s Felicia Middlebrooks Reports