Story at a glance

  • A report from the American Farm Bureau Federation has warned consumers of the rising costs of turkey and other holiday favorites.
  • The cost of a classic Thanksgiving dinner rose 14 percent over the past year.
  • Turkey has been found to be the main cause of the surge, with the cost of the bird having risen 24 percent since 2020.

A new report from the American Farm Bureau Federation (AFBF) has warned consumers of the rising costs of turkey and other holiday favorites ahead of Thanksgiving.

Over the past year, the cost of a classic Thanksgiving dinner rose 14 percent from an average of $46.90 to feed a group of 10 to $53.31 in 2021. This ends up being approximately $5.33 per person.

Turkey has been found to be the main cause of the surge, with the cost of the bird having increased 24 percent since 2020. The increased cost has gone beyond the holiday’s main course, however.

“Taking turkey out of the basket of foods reveals a 6.6% price increase compared to last year, which tracks closely with the Consumer Price Index for food and general inflation across the economy,” AFBF’s senior economist Veronica Nigh said in a statement.


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The 6.6 percent increase includes veggie trays, peas, cranberries, stuffing, sweet potatoes, buttered rolls, pumpkin pie with whipped cream and coffee with milk, with enough food to serve 10 people, plus leftovers.

Nigh has indicated supply chain disruptions brought on by the COVID-19 pandemic, as well as an increase in demand for making and serving food at home, are responsible for the price surges.

“These include dramatic disruptions to the U.S. economy and supply chains over the last 20 months; inflationary pressure throughout the economy; difficulty in predicting demand during the COVID-19 pandemic and high global demand for food, particularly meat,” Nigh said, adding, “The trend of consumers cooking and eating at home more often due to the pandemic led to increased supermarket demand and higher retail food prices in 2020 and 2021, compared to pre-pandemic prices in 2019.”


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Published on Nov 22, 2021