
"As of Nov. 17, a basket of 11 Thanksgiving staples - including a 10-pound frozen turkey, 10 Russet potatoes, a box of stuffing and cans of corn, green beans and cranberry sauce - cost $58.81, or 4.1% more than last year, according to Datasembly, a market research company that surveys weekly prices at 150,000 U.S. stores. That's higher than the average price increase for food eaten at home, which rose 2.7% in September, according to the U.S. Bureau of Labor Statistics."
"The shrinking population is expected to cause wholesale turkey prices to rise 44% this year, according to the U.S. Department of Agriculture. Despite the increase, many stores are offering discounted or even free turkeys to soften the potential blow to Thanksgiving meal budgets. But even if the bird is cheaper than last year, the ingredients to prepare the rest of the holiday feast may not be. Tariffs on imported steel, for example, have increased prices for canned goods."
Old Brick Farm avoided both bird flu and avian metapneumovirus this Thanksgiving season, preserving its poultry stock while other producers lost birds. Hatcheries had fewer turkey chicks available, prompting earlier orders and longer waits for replacements. The U.S. turkey flock fell to a 40-year low, and wholesale turkey prices are projected to rise substantially. Retailers offered discounts or free turkeys to ease consumer costs, but other holiday ingredients increased in price. Tariffs on imported steel contributed to higher canned goods costs. A typical basket of Thanksgiving staples cost 4.1% more than last year.
Read at Fast Company
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