14-Percent Jump In Price Of Thanksgiving Meal

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This year’s Thanksgiving feast could leave you more full in your belly than your wallet. The American Farm Bureau Federation’s annual price survey found that the price of a typical Thanksgiving meal has gone up 14 percent from last year’s average of $46.90. Farm Bureau Senior Economist Veronica Nigh…

Central MO Info · 21 1120 AFBF Economist Veronica Nigh on Thanksgiving Meal costs cut 1

However, Nigh says the price-per-person remains low…

Central MO Info · 21 1120 AFBF Economist Veronica Nigh on Thanksgiving Meal costs cut 2

Nigh points out that Farm Bureau shoppers checked prices between October 26 and November 8. That’s about two weeks before most grocery store chains began their turkey markdowns for Thanksgiving. She also cites the impact of overall inflation in the economy at over six percent, as well as more meals being prepared at home since the onset of the pandemic nearly two years ago.