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Why Thanksgiving dinner might cost more this year

With turkey prices rising, Thanksgiving dinner this year could end up being one of the most expensive holiday meals on record.

According to the American Farm Bureau’s annual survey of Thanksgiving Dinner, a holiday feast for a family of 10 that includes turkey, stuffing, sweet potatoes, and pumpkin pie will cost $ 53.31. , an increase of 14% compared to last year. A 16-pound turkey will cost $ 4.60 more than a year ago.

This price increase is due, in part, to the fact that American turkey farmers face supply chain issues, including labor shortages at processing plants and higher costs, including for animal feed, transport and packaging materials.

The wholesale price for frozen whole turkeys weighing 16 to 24 pounds was $ 1.36 a pound as of November 19, up 18% from a year earlier.

And according to analysts, turkeys are also rarer.

“One thing you’ll probably notice in the grocery store this year is the bare shelves as we enter the holiday season,” said Trey Malone, agricultural economist at Michigan State University. “It doesn’t necessarily mean we haven’t produced enough, it just means that supply chain disruptions have created more uncertainty throughout the system.”

More than 109 million Americans are expected to travel for Thanksgiving, and 65% of Americans expect Covid to affect their Thanksgiving celebrations.

So what can consumers expect when they buy their Thanksgiving turkey this year and what impact will the supply chain crisis have on turkey farmers across the country?

Watch the video to learn the next step for American turkey farmers.

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