Report: Thanksgiving meal prices to drop this year
Thanksgiving dinner prices will drop for the second year in a row, according to the 39th annual American Farm Bureau Federation (AFBF) Thanksgiving dinner survey.
The survey finds that the classic feast for 10 will run you $58.08, down 5% from last year. However, this is still 19% higher than five years ago, the report states.
"According to AFBF’s national Thanksgiving survey, this year’s Thanksgiving meal will cost consumers about 5% less this year, though it is still up almost 20% from just five years ago. The long road to reduced inflation has exhausted many Americans, including farm families, who have been squeezed between falling prices for their output and higher prices for their inputs. Farmers take on much of the food system’s risk to help keep food plentiful and affordable. When times get tough, they have relied on a strong farm bill (and effective assistance, when disaster strikes) to provide the help to stay in business."
To see the report, click here:
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