Business Insider
Business Insider

I'm an economist, and the price of a turkey drops 10% every year around Thanksgiving. It makes total sense why.

Turkey shopping
Customers shop for turkey at a Walmart store Kevork Djansezian/Reuters
  • One of the stranger things about Thanksgiving is that a few days before everyone starts cooking, whole turkeys are suddenly discounted by supermarkets and grocery stores.
  • In the average year, November's price per pound for turkey is about 10% lower than the price in September.
  • This happens becuase both supermarkets that sell turkeys year-round and food stores that don't typically sell whole turkeys offer them to customers.
  • This means that as demand for turkeys increase, so does supply. This boost in supply drives prices downward.
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