With the price of turkey rising, this year’s Thanksgiving dinner may turn out to be one of the most expensive holiday meals in history.
A festive dinner for a family of 10 with turkey, stuffing, sweet potatoes and pumpkin pie will cost $ 53.31, up 14% from last year, according to the American Farmers Bureau’s annual Thanksgiving Dinner Survey. A 16-pound turkey will be $ 4.60 more than a year ago.
This rise in prices is partly due to the fact that US turkey farmers are suffering from supply chain problems, including labor shortages in processing plants and higher costs, including for feed, transportation and packaging materials.
The wholesale price of frozen whole turkeys weighing 16 to 24 pounds was $ 1.36 a pound as of November 19, up 18% from a year earlier.
According to analysts, there are also fewer turkeys.
“One thing you’ll probably notice at the grocery store this year is more and more empty shelves as we get closer to holiday season,” said Trey Malone, an agricultural economist at Michigan State University. “This does not necessarily mean that we are not producing enough, it just means that supply chain disruptions have created a lot of uncertainty in the system.”
More than 109 million Americans are expected to travel on Thanksgiving Day, and 65% of Americans expect Covid to affect their Thanksgiving celebration.
So what can consumers expect when buying turkey for Thanksgiving this year, and what impact will the supply chain crisis have on turkey farmers in the country?
Watch the video to see what awaits American turkey farmers.
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