The only way that mathematically works is for the size of turkeys produced in the U.S. to increase pretty dramatically. Doing the math, we find that's exactly what has happened!
On average, we find that the average live weight of a turkey produced in the United States has risen from 21 pounds per bird in 1989 to reach 29.5 pounds today.
That's a 41% increase in the weight of a live turkey produced for market in the U.S. in the last twenty-three years. To help put that increase in perspective, the largest "heritage" or wild turkeys will weigh in at just 16 pounds per bird.
So that's what "Big Turkey" has been up to over much of the last twenty three years (and longer!) In our next installment, we'll see just how much money "Big Turkey" makes on each one of those birds!
National Turkey Federation. Turkey Statistics. Accessed 12 November 2012.
Political Calculations is a site that develops, applies and presents both established and cutting edge theory to the topics of investing, business and economics.
Be the first to read Political Calculation's column. Sign up today and receive Townhall.com delivered each morning to your inbox.
In Other News: Can We Ask Al Qaeda for a Refund on the Bowe Bergdahl Prisoner Swap? | Michael Schaus