Farm Bureau Says 2021 Thanksgiving Dinner Costs More

Farm Bureau Says 2021 Thanksgiving Dinner Costs More
MGN online
November 19th, 2021 | NAFB News Service

Thanksgiving 2021 is a chance for family and friends to get together for a meal. However, paying attention to how that feast affects the bottom line is also important. The Farm Bureau’s 36th annual survey shows that the meal might be a little more expensive, according to the American Farm Bureau Federation. AFBF senior economist Veronica Nigh says shoppers should expect to pay a little over $50 this year…

It still breaks down to less than $6 per person. It’s a $6.41 increase or a 14 percent increase from last year’s average of $46.90. The centerpiece of most Thanksgiving tables is the turkey, which costs more than last year at $23.99 for a 16-pound bird.

While that’s up 24 percent from last year, the Farm Bureau survey took place before many grocery stores had begun to feature their whole turkeys at lower prices in time for the holiday. Nigh points out that Farm Bureau shoppers checked prices between October 26 and November 8. That’s about two weeks before most grocery store chains began their turkey markdowns for Thanksgiving. However, that isn’t the only factor impacting the higher cost this year…

Nigh says factors that caused the price increases include inflation pressure and interruptions to the U.S. supply chains. More consumers cooking at home also upped retail prices.

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