The cost of a 16-pound turkey has declined about 6%, reaching an average of $27, contributing to an overall drop in Thanksgiving meal prices.
For 2024, the average Thanksgiving meal for 10 people costs $58.08, which is down 5% from 2023 and 9% from the record high in 2022.
Many ingredients like sweet potatoes and frozen peas have seen significant price drops, but some processed items like dinner rolls still faced cost increases due to labor.
Farm Bureau President Zippy Duvall emphasized the need for thankfulness for the abundant food supply, while acknowledging that inflation continues to hurt families.
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