> In The News

CNN: Thanksgiving Dinner Will be Less Expensive This Year

photo credit: Getty Images

"Going for seconds this Thanksgiving won’t be so painful – for your wallet.

"A Thanksgiving meal of twelve classic items for 10 people will cost $61.17 on average – a 4.5% drop from last year’s record high average of $64.05, according to a new survey from the American Farm Bureau Federation (AFBF) on Wednesday.

"While this year’s Thanksgiving dinner is more affordable compared to last year, it is still up 25% from 2019, underscoring price increases since the pandemic.

“'Traditionally, the turkey is the most expensive item on the Thanksgiving dinner table,' Veronica Nigh, senior economist at the AFBF, said in a statement. 'Turkey prices have fallen thanks to a sharp reduction in cases of avian influenza, which have allowed production to increase in time for the holiday.'

"Whipped cream, cranberries and pie crusts also saw drops from last year, with a half pint of whipping cream costing $1.73 on average, a 12-ounce bag of fresh cranberries coming it at $2.10 and two frozen pie crusts retailing on average for $3.50."

Read more from CNN