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Cooper Farms: - Urner Barry Publications, Inc.

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Talking turkey...<br />

Thanksgiving toms through time<br />

Thanksgiving 2010 is a distant memory and<br />

those involved in the turkey industry have had<br />

the opportunity to reflect on the events leading<br />

up to the biggest day of the year for old tom<br />

the turkey—Thanksgiving. Market behaviors<br />

are analyzed, discussed and, slowly but surely,<br />

a picture begins to develop of the occurrences<br />

which most affected commodity turkey values.<br />

For 2010 the biggest influences were the<br />

excellent movement of whole turkeys in fourth<br />

quarter 2009, the low year opening inventories<br />

that resulted, and the production constraint<br />

that kept them there. From any vantage point<br />

2010 was a year of historic proportions. Strong<br />

market prices and surprisingly active demand<br />

were hallmarks. All time high commodity prices<br />

were set, broken and re-established. As for whole<br />

turkeys it was one for the records. Consumer<br />

through institutional sized birds reached new<br />

market heights. Although the year is young,<br />

2011 is exhibiting many of the same early year<br />

atributes as 2010. Will whole body toms have<br />

another record year Only time will tell.UB<br />

$/lb.<br />

1.20<br />

1.00<br />

0.80<br />

0.60<br />

0.40<br />

0.20<br />

2000<br />

Source: <strong>Urner</strong> <strong>Barry</strong><br />

16 Lb. Tom, Frozen Avg. Quotation<br />

Thanksgiving Week 2000-2010<br />

2001<br />

2002<br />

2003<br />

2004<br />

2005<br />

2006<br />

2007<br />

2008<br />

2009<br />

2010<br />

Photo ©iStockphoto.com/Kelly Cline<br />

30 YEARS OF NATIONAL SERVICE WITH PRIDE<br />

52 • URNER BARRY’S REPORTER / VOL. 6, NO. 1 / WINTER 2011<br />

TRADERS OF A<br />

FULL LINE OF<br />

FRESH & FROZEN<br />

POULTRY PRODUCTS<br />

Alan Singer<br />

25 West Union Street<br />

Ashland, MA 01721<br />

Tel. 508-231-1426<br />

Fax 508-231-5256<br />

Hector Perez<br />

55 Miracle Mile, Suite 210<br />

Coral Gables, FL 33134<br />

Tel. 305-620-0700<br />

Fax 305-620-0366

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