The results of the AFBF’s informal price survey are in.

It looks like Thanksgiving is costing consumers more this year, but the good news is: not much more.

The American Farm Bureau Federation (AFBF) surveyed Thanksgiving Day staple foods and put the average cost of this year’s feast for 10 at $49.41, just a 37-cent upswing from last year’s average of $49.04, which still puts a feast for 10 at under $50. With only a 37-cent increase, this year’s costs aren’t surprisingly wallet-breaking when compared to last year’s findings.

Thanksgiving delights surveyed included a pretty typical consumer shopping list, featuring the following food items:

  • turkey
  • bread stuffing
  • sweet potatoes
  • rolls with butter
  • peas
  • cranberries
  • a relish tray of carrots and celery
  • pumpkin pie with whipped cream
  • beverages including coffee and milk

And don’t worry: quantities assessed were more than enough to serve a family of 10, with leftovers even factored in (because Thanksgiving just isn’t complete without leftovers!).

Foods that contribute to the slight increase include: sweet potatoes, dairy products and pumpkin pie mix. According to the AFBF survey: “Sweet potatoes came in at $3.56 for three pounds. A half pint of whipping cream was $2.00; one gallon of whole milk, $3.76; and a 30-ounce can of pumpkin pie mix, $3.12. A one-pound relish tray of carrots and celery ($.82) and one pound of green peas ($1.55) also increased in price. A combined group of miscellaneous items, including coffee and ingredients necessary to prepare the meal (butter, evaporated milk, onions, eggs, sugar and flour) rose to $3.48.” (www.fb.org)

Foods that lowered slightly in price were turkey, bread stuffing, cranberries, pie shells and rolls. Specifically, the AFBF results found that: “…items that declined modestly in price included a 14-ounce package of cubed bread stuffing, $2.54; 12 ounces of fresh cranberries, $2.34; two nine-inch pie shells, $2.42; and a dozen brown-n-serve rolls, $2.17.” (www.fb.org)

Did your Thanksgiving shopping costs fall in line with these results? Share your shopping experience with our ag lending team below.

For more information on all things AgAmerica, including our one-of-a-kind ag loans, low farm loan rates, and flexible payment plans, don’t hesitate to reach out!

 




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