Cost of turkey to rise in run up to Christmas
Shopkeepers are bracing themselves to charge more for turkeys this Christmas as it emerged the cost is likely to rise nationally.
Shopkeepers are bracing themselves to charge more for turkeys this Christmas as it emerged the cost is likely to rise nationally.
But many say they will try to keep rises to a minimum as customers tighten their belts over the festive period. The cost of turkey has already risen 33 per cent in recent months.
The rising price is being fuelled by an increased demand for meat and dairy products among the rapidly expanding middle classes of India and China.
The cost of turkey feed has also rocketed, with wheat and soya doubling in price.
Most traders in the city have not yet set or released their Christmas prices for fresh turkey but many believe it is inevitable that prices will increase.
But hikes will be kept to a minimum, with pennies rather than pounds being added to last year's prices in many cases.
Michael Bachyk, owner of Michael Kirk butchers off Dudley Street, said: "I would imagine it will be be more expensive than last year because of the cost of feed as well as electricity and wages. It is all extra expense at a time when we are trying to keep prices as low as possible."
Read the full story in the Express & Star.
