Trendspotting: Checking in on Thanksgiving prices
By
Craig Levitt, managing editor
Trendspotting: Checking in on Thanksgiving prices
By
Craig Levitt, managing editor
Thanksgiving is a few days away, and current economic factors will likely mean this is will be the most expensive for consumers — perhaps ever.
How are popular Thanksgiving produce items trending? According to ProduceIQ, the green bean supply is tightening. Annual green bean prices typically peak around Thanksgiving before beginning a steady decline. This week, prices are up 5 percent on a lean supply and strong demand. “Damage from East Coast hurricanes and the annual transition from Georgia to Florida are mostly responsible; however, lighter than usual Mexican volume isn’t helping,” said