{"id":368826,"date":"2021-11-18T09:00:00","date_gmt":"2021-11-18T06:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/the-margin-thanksgiving-dinner-will-be-more-expensive-than-ever-this-year-report\/"},"modified":"2021-11-18T09:00:00","modified_gmt":"2021-11-18T06:00:00","slug":"the-margin-thanksgiving-dinner-will-be-more-expensive-than-ever-this-year-report","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/the-margin-thanksgiving-dinner-will-be-more-expensive-than-ever-this-year-report\/","title":{"rendered":"#The Margin: Thanksgiving dinner will be more expensive than ever this year: report"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_89 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6aef3f4fb058d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6aef3f4fb058d\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/the-margin-thanksgiving-dinner-will-be-more-expensive-than-ever-this-year-report\/#Buying_turkey_and_trimmings_to_feed_10_will_cost_5331_on_average_%E2%80%94_14_more_than_last_year_Farm_Bureau_says_and_the_highest_since_it_started_tracking\" >Buying turkey and trimmings to feed 10 will cost $53.31 on average \u2014 14% more than last year, Farm Bureau says, and the highest since it started tracking<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/the-margin-thanksgiving-dinner-will-be-more-expensive-than-ever-this-year-report\/#The_Price_of_Thanksgiving\" >The Price of Thanksgiving<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/the-margin-thanksgiving-dinner-will-be-more-expensive-than-ever-this-year-report\/#Nicole_Lyn_Pesce\" >Nicole Lyn Pesce<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#The Margin: Thanksgiving dinner will be more expensive than ever this year: report<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Buying_turkey_and_trimmings_to_feed_10_will_cost_5331_on_average_%E2%80%94_14_more_than_last_year_Farm_Bureau_says_and_the_highest_since_it_started_tracking\"><\/span>\n  Buying turkey and trimmings to feed 10 will cost $53.31 on average \u2014 14% more than last year, Farm Bureau says, and the highest since it started tracking<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\" role=\"region\" aria-label=\"article body\">\n<div class=\"article__side\">\n<div class=\"container--sticky not-active\">\n<div id=\"cx-next\" data-nosnippet>\n              <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000491345\" role=\"document\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"\n                inline\" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetArticleReader\n              \n              inline\n  article__inset\n          article__inset--type-InsetArticleReader\n              article__inset--inline\n  \"><\/p>\n<div class=\"media-object-article-reader\">\n<div class=\"audioplayer\" data-sbid=\"WP-MKTW-0000491345\" role=\"region\" aria-label=\"Listen to Article\" tabindex=\"-1\" id=\"articlereader\" data-show-title=\"false\" data-theme=\"wsj-article-reader\" data-show-header=\"false\" data-show-subscribe=\"false\" data-ads-enabled=\"true\" data-save-publication=\"false\">\n        <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       This year\u2019s Thanksgiving dinner could stretch your wallet even worse than your waistline.\u00a0<\/p>\n<p> That\u2019s the dish from the latest American Farm Bureau Federation survey, which has been itemizing the average cost of several dishes traditionally served at Thanksgiving dinner for almost four decades. The Farm Bureau\u2019s shopping list includes enough turkey, stuffing, sweet potatoes, rolls with butter, peas, cranberries, a vegetable tray, pumpkin pie with whipped cream, coffee and milk to feed 10 people \u2014 with plenty of leftovers, of course.\u00a0<\/p>\n<div class=\"paywall\">\n       And this year, the average cost of a turkey dinner with the trimmings comes in at $53.31 on average, not counting drinks or decor. The good <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> is, that\u2019s less than $6 a person. The bad news: this tab is up a whopping 14% from last year\u2019s average of $46.90. In fact, it\u2019s the highest it\u2019s been since the Farm Bureau began tracking prices in 1986.<\/p>\n<p>And if you were to add ham, Russet potatoes and frozen green beans to the mix, the overall cost of the meal would jump another $15.41, to a grand total of $68.72 \u2014 which is also a 14% increase over last year.\u00a0<\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetMediaIllustration\n            inline\n  article__inset\n          article__inset--type-InsetMediaIllustration\n            article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:137.71428571428572%;\" data-subtype=\"photo\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-437057?width=540&amp;size=0.7264472190692395 540w, https:\/\/images.mktw.net\/im-437057?width=620&amp;size=0.7264472190692395 620w, https:\/\/images.mktw.net\/im-437057?width=639&amp;size=0.7264472190692395 639w, https:\/\/images.mktw.net\/im-437057?width=700&amp;size=0.7264472190692395 700w, https:\/\/images.mktw.net\/im-437057?width=700&amp;size=0.7264472190692395&amp;pixel_ratio=1.5 1050w, https:\/\/images.mktw.net\/im-437057?width=700&amp;size=0.7264472190692395&amp;pixel_ratio=2 1400w, https:\/\/images.mktw.net\/im-437057?width=700&amp;size=0.7264472190692395&amp;pixel_ratio=3 2100w\" sizes=\"(max-width: 639px) 100vw, (max-width: 979px) 620px, (max-width: 1299px) 540px, 700px\" src=\"https:\/\/images.mktw.net\/im-437057?width=700&amp;height=964\" alt=\"\" title=\"\">\n      <\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\">\n          <span class=\"wsj-article-credit article__inset__image__caption__credit\" itemprop=\"creator\"><br \/>\n            MarketWatch illustration<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/p><\/div>\n<p>       \u201cSeveral factors contributed to the increase in average cost of this year\u2019s Thanksgiving dinner,\u201d said AFBF senior economist Veronica Nigh in a statement. \u201cThese include dramatic disruptions to the U.S. economy and supply chains over the last 20 months; inflationary pressure throughout the economy; difficulty in predicting demand during the COVID-19 pandemic; and high global demand for food, particularly meat,\u201d she explained.\u00a0<\/p>\n<p>Nigh also noted that more people cooking and eating at home during the pandemic has led to increased supermarket demand and higher retail food prices in 2020 and 2021, compared to pre-pandemic prices in 2019.<\/p>\n<p>As usual, the turkey is gobbling up most of the Thanksgiving budget: $23.99 for a 16-pound bird, or roughly $1.50 per pound, which is up 24% from last year. But the Farm Bureau notes that there are some mitigating factors with their turkey figures. For one, its volunteer shoppers were checking prices between Oct. 26 and Nov. 8, 2021, which is about two weeks before many grocery chains began featuring whole, frozen turkeys at lower prices. So shoppers who haven\u2019t bought their turkeys yet could still find them at a lower price than the Farm Bureau\u2019s average.\u00a0<\/p>\n<p>Still, a recent Bank of America chart tracking turkey prices also warned that this year\u2019s Thanksgiving bird is going to cost you more than at any time this century. According to its chart, the price of a 15-pound turkey has surged 25% from $11 in 2018 to nearly $21 this year.\u00a0<\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetMediaIllustration\n            inline\n  article__inset\n          article__inset--type-InsetMediaIllustration\n            article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:66.28571428571428%;\" data-subtype=\"photo\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-437105?width=540&amp;size=1.509433962264151 540w, https:\/\/images.mktw.net\/im-437105?width=620&amp;size=1.509433962264151 620w, https:\/\/images.mktw.net\/im-437105?width=639&amp;size=1.509433962264151 639w, https:\/\/images.mktw.net\/im-437105?width=700&amp;size=1.509433962264151 700w, https:\/\/images.mktw.net\/im-437105?width=700&amp;size=1.509433962264151&amp;pixel_ratio=1.5 1050w, https:\/\/images.mktw.net\/im-437105?width=700&amp;size=1.509433962264151&amp;pixel_ratio=2 1400w, https:\/\/images.mktw.net\/im-437105?width=700&amp;size=1.509433962264151&amp;pixel_ratio=3 2100w\" sizes=\"(max-width: 639px) 100vw, (max-width: 979px) 620px, (max-width: 1299px) 540px, 700px\" src=\"https:\/\/images.mktw.net\/im-437105?width=700&amp;height=464\" alt=\"\" title=\"\">\n      <\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\">\n<h4 class=\"wsj-article-caption-content\"><span class=\"ez-toc-section\" id=\"The_Price_of_Thanksgiving\"><\/span>The Price of Thanksgiving<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>      <span class=\"wsj-article-credit article__inset__image__caption__credit\" itemprop=\"creator\"><br \/>\n            Bank of America Global Investment Strategy, USDA<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/p><\/div>\n<p>       Other cooking staples, such as dairy, eggs and sugar, are also taking a bigger bite out of budgets after the cost of groceries jumped 5.4% in the past year, marking one of the biggest increases in the past two decades, according to the consumer price index. That\u2019s contributed to the biggest surge in U.S. inflation in almost 31 years.<\/p>\n<p><strong>Read more: <\/strong>High inflation is eating up the budgets of American households<\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>Indeed, almost every single Thanksgiving menu item on the Farm Bureau\u2019s list is more expensive than it was last year, particularly frozen pie crusts (up 20% to $2.91), a dozen dinner rolls (up 15% to $3.05) and the carrots and celery veggie tray (up 12% to 82 cents.). The only ingredient that got cheaper was the 14-ounce bag of cubed stuffing mix, which is down 19% to $2.29.<\/p>\n<p>But keep in mind that shoppers could still spend significantly more than $53 on Thanksgiving dinners in expensive cities like NYC or San Francisco. Bagging organic products or specialty turkeys could also drive up that holiday grocery bill even more.\u00a0<\/p>\n<p>In fact, a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.lendingtree.com\/credit-cards\/study\/thanksgiving-spending-survey\/\" class=\"icon none\">new LendingTree survey<\/a> of more than 2,000 Americans found that folks expect to spend just under $400 hosting Thanksgiving this year, which includes bankrolling the meal, as well as the booze, the paper products and the decorations to fully set the table. And 44% expect to take on debt by hosting the feast \u2014 which is even more troublesome when you consider another recent LendingTree survey, which found that <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.lendingtree.com\/credit-cards\/study\/holiday-shopping-sentiments-survey\/\" class=\"icon none\">more than one in 10 shoppers (13%) is still paying off last year\u2019s holiday bills<\/a>.\u00a0<\/p>\n<p>On the flip side, bargain-hunters can trim their Thanksgiving tab by shopping around. German grocery chain Aldi recently announced that it\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/aldi-saves-thanksgiving-with-traditional-holiday-meal-for-less-than-30-301419089.html\" class=\"icon none\">\u201csaved\u201d Thanksgiving<\/a> this year by offering many of these ingredients for under $30, including: a Butterball turkey, bagged stuffing, sweet potatoes, Hawaiian sweet rolls, frozen peas, fresh cranberries, carrots, celery, canned pumpkin pie mix, pie crust, whipping cream and a gallon of whole milk.\u00a0<\/p>\n<p>The Farm Bureau calculated the cost of this year\u2019s Thanksgiving dinner by drawing on more than 200 surveys featuring pricing data from all 50 states and Puerto Rico. Farm Bureau volunteer shoppers also checked prices online using grocery store <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>s and websites. And these volunteer shoppers looked for the best possible prices without using special promotional coupons or purchase deals, meaning you can certainly take advantage of these kinds of discounts while doing your own grocery shopping.<\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>    <span>By<\/span><\/p>\n<div class=\"author mobile-scrim hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Nicole Lyn Pesce\",\"subhead\":\"The Wall Street Journal\",\"list\":[{\"type\":\"link\",\"icon\":\"bio\",\"url\":\"https:\/\/www.marketwatch.com\/topics\/journalists\/nicole-lyn-pesce\",\"text\":\"Biography\"},{\"type\":\"link\",\"icon\":\"twitter\",\"url\":\"https:\/\/twitter.com\/pescenic\",\"text\":\"@pescenic\"},{\"type\":\"link\",\"icon\":\"email\",\"url\":\"http:\/\/www.marketwatch.com\/news\/mailto:nicole.pesce@dowjones.com\",\"text\":\"nicole.pesce@dowjones.com\"}]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Nicole_Lyn_Pesce\"><\/span>Nicole Lyn Pesce<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B20C05575-04D4-B545-777F-5138E4DA2DBD%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#The Margin: Thanksgiving dinner will be more expensive than ever this year: report&#8221; Buying turkey and trimmings to feed 10 will cost $53.31 on average \u2014 14% more than last year, Farm Bureau says, and the highest since it started tracking This year\u2019s Thanksgiving dinner could stretch your wallet even worse than your waistline.\u00a0 That\u2019s&#8230;<\/p>\n","protected":false},"author":1,"featured_media":368827,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.mktw.net\/im-437113\/social","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-368826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/368826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=368826"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/368826\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/368827"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=368826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=368826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=368826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}