Trump Pardons Gobble And Waddle As Americans Face Higher Turkey Prices

Benzinga

Trump revived the White House turkey pardon by sparing two birds named Gobble and Waddle as turkey prices surged due to a smaller flock and avian flu. Retailers are rolling out promotions to soften higher costs, and Wells Fargo says prices for similar birds can vary widely depending on the store.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Turkey pardons returned to the White House as Trump spared two birds named Gobble and

00:06Waddle during a Rose Garden ceremony, according to CNBC. The turkeys, raised in North Carolina,

00:13will retire to North Carolina State University. The event took place as wholesale turkey prices

00:18climbed nearly 75% from last year and retail prices rose more than 25% due to a shrinking

00:25U.S. turkey flock and avian flu outbreaks. Major retailers launched holiday promotions

00:30to offset higher costs. Wells Fargo said prices for similarly sized turkeys can vary by $20

00:36depending on where consumers shop. For all things money, visit Benzinga.com.

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