Traditional Turkey Dinner Costs 13 Percent More

Thursday, 10 Nov 2011 06:02 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

WASHINGTON (AP) — Putting a traditional turkey dinner on the table is going to be pricier this Thanksgiving.

The American Farm Bureau Federation reported Thursday that a meal with turkey and all the trimmings will cost about 13 percent more this year.

The trade group estimates a classic meal for 10 will cost $49.20 on average. That is $5.73 more than last year's $43.47 average.

The meal will cost less than $5 a person, but it's still much more expensive than in years past. The jump results from food makers and grocers raising their prices to cover higher commodity costs.

Nearly everything from cranberries to pumpkin pie is pricier this year, but the biggest hike is for the main course: A 16-pound turkey costs almost $4 more this year, at $21.57, according to the trade group.

The group surveyed prices in stores nationwide. But grocers often discount key items as the holiday approaches and that could reduce the cost of Thanksgiving dinner.

John Anderson, senior economist for the Farm Bureau, said it's important to remember that Americans spend a smaller percentage of their income on food than most people around the world.

"Given what is going on in the economy, higher prices on anything are not welcome," Anderson said. "(But) it does not have the same impact as food prices in other parts of the world do. We are fortunate in that sense."

© Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

AMC Networks Buys Half of BBC America to Bolster Pay-TV

Friday, 24 Oct 2014 10:27 AM

AMC Networks Inc., the cable-TV home of "The Walking Dead," acquired a 49.9 percent stake in BBC America for $200 millio . . .

NYC Races to Trace Ebola Patient's Steps

Friday, 24 Oct 2014 08:05 AM

New York City health officials are racing to trace people who may have had contact with Ebola patient Dr. Craig Spencer, . . .

Women Start Tuning Out NFL for Abuse-Case Mistakes

Friday, 24 Oct 2014 07:04 AM

Some women are starting to tune out the National Football League as it deals with the fallout from its mishandling of do . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved