(Washington)- Thanksgiving cost is up this year.
According to the Farm Bureau’s 37th annual survey the cost of Thanksgiving dinner is up 20 percent. Last year the average cost for a Thanksgiving feast for 10 was $53.31, but this year it’s $64.05.
AFBF Chief Economist Roger Cryan said, “general inflation slashing the purchasing power of consumers is a significant factor contributing to the increase in average cost of this year’s Thanksgiving dinner.” He continued to say, “Other contributing factors to the increased cost of the meal include supply chain disruptions and the war in Ukraine.” He added that, “the higher retail turkey cost at the grocery store can also be contributed to a slightly smaller flock this year, increased feed cost, and lighter processing weights.”
AFBF President Zippy Duvall had a good takeaway, he said, “we should not take our food supply for granted… As many of us gather with family and friends for a special meal, it’s a time for giving thanks and doing our part to help those who can’t afford a big holiday feast.”
