Turkey prices are surging ahead of Thanksgiving due to disease

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Turkey prices are surging ahead of Thanksgiving due to disease
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Americans are paying more than ever for turkey as a contagious virus leads to the destruction of millions of birds.

The Highly Pathogenic Avian Influenza virus is helping drive the price of turkey — specifically white boneless breast meat — to record highs, even as the hottest inflation in 40 years has"We've seen record prices for turkeys in recent days, and the spotlight is on Highly Pathogenic Avian Influenza and its effect on the market," American Farm Bureau economist Bernt Nelson told CBS MoneyWatch.

This year, HPAI has been confirmed in 430 commercial and backyard poultry flocks across 39 states. The virus has wiped out nearly 44 million turkeys, chickens, ducks and other birds, Minnesota outbreaks Minnesota — the nation's biggest turkey producer — in late August detected its first outbreak of bird flu in three months at a turkey operation in Meeker County, resulting in the culling of 129,000 birds. Another outbreak was confirmed in the county the next day, claiming another 46,000 turkeys.

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