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:
- bread stuffing
- sweet potatoes
- rolls with butter
- 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.
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