Americans are bracing for a costly Thanksgiving this year, with double-digit percent increases in the price of turkey, potatoes, stuffing, canned pumpkin and other staples.
In early November, Hays Culbreth’s mother sent a poll to a few family members. She said she could only afford to make two sides for their group of 15 this Thanksgiving and asked them each to vote for their favorites.
The U.S. government estimates food prices will be up 9.5% to 10.5% this year; historically, they've risen only 2% annually. Wholesale turkey prices are at record highs after a difficult year for U.S. flocks. A particularly deadly strain of avian flu — first reported in February on an Indiana turkey farm — has wiped out 49 million turkeys and other poultry in 46 states this year, according to the U.S. Centers for Disease Control.
But it could be harder for shoppers to find turkey breasts or other cuts, Jordan said. And higher ham prices are giving cooks fewer cheap alternatives, he said. Add that to rising prices for canned pumpkin — a 30-ounce can is up 17% from last year, according to market researcher Datasembly — and it’s clear Thanksgiving dessert will be costlier too. Nestle-owned Libby —— said pumpkin harvests were in line with previous years, but it had to compensate for higher labor, transportation, fuel and energy costs.
Higher labor and food costs are also making it more expensive to order a prepared meal. Whole Foods is advertising a classic Thanksgiving feast for eight people for $179.99. That’s $40 more than the advertised price last year.
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Rising food costs take a bite out of Thanksgiving dinner | amNewYorkAmericans are bracing for a costly Thanksgiving this year, with double-digit percent increases in the price of turkey, potatoes, stuffing, canned pumpkin and other staples.
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Rising food costs take a bite out of Thanksgiving dinnerIn early November, Hays Culbreth’s mother sent a poll to a few family members. She said she could only afford to make two sides for their group of 15 this Thanksgiving and asked them each to vote for their favorites.
Consulte Mais informação »
Rising food costs take a bite out of Thanksgiving dinnerAmericans are bracing for a costly Thanksgiving this year, with double-digit percent increases in the price of turkey, potatoes, stuffing, canned pumpkin and other staples. Higher production costs …
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Rising Food Costs Take a Bite Out of Thanksgiving DinnerAmericans brace for a costly Thanksgiving this year, with increases in the price of turkey, potatoes, stuffing, canned pumpkin and more. The U.S. government estimates food prices will be up 9.5% to 10.5% this year.
Consulte Mais informação »
Rising food costs take a bite out of Thanksgiving dinnerAmericans are bracing for a costly Thanksgiving this year, with double-digit percent increases in the price of turkey, potatoes, stuffing, canned pumpkin and other staples.
Consulte Mais informação »