Rising food costs take a bite out of Thanksgiving dinner

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Rising food costs take a bite out of Thanksgiving dinner
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Not every item is significantly more expensive

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.

Wholesale turkey prices are at record highs after a difficult year for U.S. flocks; A particularly deadly strain of avian flu has wiped out 49 million turkeys and other poultry in 46 states this year, according to the CDC "This really isn't a shortage thing. This is tighter supplies with some pretty good reasons for it," said David Anderson, a professor and agricultural economist at Texas A&M.

And not every producer was equally affected. Butterball — which supplies around one-third of Thanksgiving turkeys — said avian flu impacted only about 1% of its production because of security measures it put in place after the last big bout of flu in 2015. 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 — which produces 85% of the world's canned pumpkin — said pumpkin harvests were in line with previous years, but it had to compensate for higher labor, transportation, fuel and energy costs.

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Rising food costs take a bite out of Thanksgiving dinner | amNewYorkRising 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 dinnerRising 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.
Weiterlesen »

Rising food costs take a bite out of Thanksgiving dinnerRising 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 DinnerRising 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.
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Rising food costs take a bite out of Thanksgiving dinnerRising 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.
Weiterlesen »



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