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CBS Money Watch: Thanksgiving Dinner Costs Are at Eight-Year Low

News / In The News November 20, 2018

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CBS News cited American Farm Bureau’s informal Thanksgiving dinner cost survey in a Money Watch article. “Dropping prices have brought the cost of a Thanksgiving meal to an eight-year low, said the American Farm Bureau Federation,” noted CBS. “This year, the average nationwide cost of a holiday meal for 10 people is $48.90, or less than $5 per person, according to the farm group's annual survey.”

 

For more on AFBF’s survey results, check out the news release.

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It’s not just the turkey that will cost more this Thanksgiving. Thanks to inflation and supply chain interruptions, nearly every ingredient in your holiday meal is more expensive, according to the American Farm Bureau Federation's annual Thanksgiving dinner cost survey.

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Supply chain issues have made life difficult for U.S. farmers, ranchers, and rural communities. Chad Smith has more on how those supply chain issues could make the holiday season more challenging for shoppers as well.

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