This year’s Thanksgiving dinner should cost slightly less than last year, according to the American Farm Bureau Federation‘s 32nd annual price survey of items traditionally used in the Thanksgiving meal. The cost of the dinner is the lowest since 2013, according to Dr. John Newton, AFBF director of market intelligence. The price decrease is primarily driven by the lower cost of the turkey, which is priced at two cents less per pound than last year.
“This holiday season we have plenty of turkeys available for the consumer,” said Newton. “USDA estimates turkey production is going to be up about one percent from where we saw it last year, and whether you’re consuming a fresh bird for Thanksgiving or a frozen bird, there should be plenty of supplies on hand.”
The shopping list for Farm Bureau’s informal survey includes turkey, bread stuffing, sweet potatoes, rolls with butter, peas, cranberries, a veggie tray, pumpkin pie with whipped cream, and coffee and milk, all in quantities sufficient to serve a family of 10 with plenty for leftovers.
Listen to more with Dr. John Newton here: Dr. John Newton, AFBF