FAST FIVE: This Thanksgiving, Supplies Of Turkey, Eggs, & Butter Will Be Extremely Tight In The US

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In the months ahead, we could see tens of millions more chickens and turkeys get wiped out.

Tight supplies have sent butter prices soaring at US supermarkets, surpassing most other foods in the past year.

US grocery prices in August rose 13.5% during the past 12 months, the largest annual increase since 1979, according to the Labor Department.

The trends that are driving up the price of butter aren't going away any time soon, and so we are being warned to brace ourselves for¬†“elevated”¬†prices for the foreseeable future- The forces at work in butter highlight the challenge of curtailing inflation.

And most of us will continue to buy butter no matter how high it goes.

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