After last year’s record turkey prices, the cost of a turkey could be lower this Thanksgiving. The drop in prices comes alongside a decrease in avian influenza cases and a recovery of the United States turkey population.  American Farm Bureau Federation economists analyzed turkey and egg prices in the latest Market Intel report, which states the […]

Spending time with family and friends at Thanksgiving remains important for many Americans and this year the cost of the meal is also top of mind. Farm Bureau’s 37th annual survey provides a snapshot of the average cost of this year’s classic Thanksgiving feast for 10, which is $64.05 or less than $6.50 per person. This is a $10.74 or 20 percent increase from last year’s average of $53.31.

U.S. consumers can expect to pay more for their Thanksgiving turkeys this year as supplies have dwindled following the widespread outbreak of HPAI. Since the outbreak began this spring, more than 7.5 million turkeys have been removed from production in an effort to mitigate the disease.

Farm Bureau’s 36th annual survey indicates the average cost of this year’s classic Thanksgiving feast is $53.31, a $6.41 or 14% increase from last year.

Farm Bureau’s Thanksgiving dinner survey indicates the average cost of this year’s feast for 10 is $48.91, or less than $5.00 per person.