Cheap Hams Could Steal The Show From Turkeys This Thanksgiving

Nevermind the traditional Thanksgiving turkey. How about a nice ham instead?

This year’s bird-flu outbreak in the U.S. means turkeys will be more expensive for families sitting down this month for their Thanksgiving meal. But domestic pork supplies and inventories are at records, with output set to reach an all-time high for the year.

It’s all adding up to cheap ham for the holidays. Wholesale prices are the lowest for this time of year since 2009, and Rabobank International predicts more Americans will turn to the meat instead of turkey when they celebrate the Thanksgiving holiday on Nov. 26. For Tom Misfeldt, owner of retailer Ranch Oak Farm Inc. in Fort Worth, Texas, the lower costs are allowing him to offer customers a spiral, honey-glazed ham 15 percent cheaper than a year earlier.

To read the rest of the story, please go to: Bloomberg