Thanksgiving dinner will cost more this year due to inflation

Report Issue

Please complete the required fields.

Your Name

Email

Reason (required)
This post contains broken linksPost has incorrect informationPost has spamCopyright IssueOther

Description

Submit

Your Thanksgiving dinner will be pricier this year.
One survey, by the American Farm Bureau Federation, found a Thanksgiving feast for 10 costs an average of 20% more than last year.
The Farm Bureau’s chief economist Roger Cryan says the increase can largely be attributed to inflation.
“It robs consumers and farmers of their buying power,” Cryan said during a call with media outlets on Wednesday. “And it’s leading to quite a bit of chaos in the macroeconomy.”
Supply chain issues and the war in Ukraine have also pushed up the prices of Thanksgiving staples, Cryan said. The survey found 30 ounces of pumpkin pie mix costs 64 cents more than last year, 14 ounces of cubed stuffing cost $1.59 more than last year. The main item on the menu, a 16-pound turkey, costs $28.96, nearly $5 more than last year.
The National Turkey Federation disputes the survey. In a tweet Wednesday after the Farm Bureau’s survey was released, the turkey industry group pointed out that the data, which comes from shoppers who check grocery store prices, is from October.
“Turkey and good deals are available!” the National Turkey Federation wrote in its tweet.
The U.S. Department of Agriculture says a large fresh turkey will cost 2 cents more per pound compared to last year. A large frozen turkey will cost 9 cents more per pound compared to last year.
According to the USDA, more than 8 million turkeys have died or been destroyed this year because of a highly pathogenic avian influenza outbreak across the country.
The virus, commonly called bird flu, is highly contagious and can cause domestic poultry to have a lack of energy, difficulty breathing and even sudden death. Entire flocks need to be eradicated when the virus reaches a farm or backyard flock, to help stem the spread. The virus has hit flocks this fall, alongside wild birds’ migration south.
But experts say while that has had an impact on turkey production, the industry has been working to catch up with demand.