As Americans celebrate Thanksgiving, dinner costs are up substantially from this time a year ago.
According to the research firm IRI, prices for potatoes are up 20% from last year, while cranberry prices have spiked 18%, and most notably, turkey prices are up 24%.
Nygaard said inflation on turkeys has been caused by a nationwide outbreak of bird flu, leading to the culling of 40 million turkeys this year alone. Despite rising costs, evidence suggests that 2022 is not a “Thanksgiving thud.” To avoid the constant spike in food prices, many customers at Double DD Meats started preordering their turkey day feasts in the middle of the summer.
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