{"id":2103607,"date":"2023-11-20T05:21:02","date_gmt":"2023-11-20T10:21:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/talking-turkey-why-the-cost-of-the-holiday-dinner-has-risen-so-much-in-recent-years\/"},"modified":"2023-11-20T05:24:08","modified_gmt":"2023-11-20T10:24:08","slug":"talking-turkey-why-the-cost-of-the-holiday-dinner-has-risen-so-much-in-recent-years","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/talking-turkey-why-the-cost-of-the-holiday-dinner-has-risen-so-much-in-recent-years\/","title":{"rendered":"Talking turkey: Why the cost of the holiday dinner has risen so much in recent years"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">32<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftalking-turkey-why-the-cost-of-the-holiday-dinner-has-risen-so-much-in-recent-years%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2103607&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>The\u200d Soaring Cost of\u2063 Thanksgiving: Families Feel the Pinch<\/h2>\n<p>The\u2064 skyrocketing prices of food in recent\u2063 years are\u2064 set to hit families nationwide \u2063as they \u200cprepare their Thanksgiving feasts. The \u200dreasons behind the surge in food prices include <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/feds-powell-cant-promise-hell-avoid-recession-in-fight-against-inflation\/\" title=\"Fed\u2019s Powell Can\u2019t Promise He\u2019ll Avoid Recession in Fight Against Inflation\">supply-side factors<\/a>,\u2064 such\u200b as the increased cost\u2063 of transporting \u2063grain and livestock due to higher fuel prices, \u200bas well as the overall inflationary environment.\u2062 In fact, inflation has soared in\u2064 recent years,\u2063 with the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sorry-legacy-media-the-fbis-trump-raid-doesnt-change-the-fact-that-bidens-presidency-sucks\/\" title=\"Sorry Legacy Media, The FBI\u2019s Trump Raid Doesn\u2019t Change The Fact That Biden\u2019s Presidency Sucks\">consumer price index rising<\/a> by over 18% since the \u200dbeginning of 2020.<\/p>\n<h3>Thanksgiving: A\u200d Costly Affair<\/h3>\n<p>Thanksgiving serves as a \u200bstark\u200d example of how food prices have risen alongside headline inflation. According to the American Farm \u2063Bureau Federation, \u200cthe average cost of a Thanksgiving meal for 10 people this\u2063 year is $61.17. This figure represents a \u200b4.5% decrease from last year&#8217;s cost of $64.05.\u2064 However, compared to November 2019, the cost of a Thanksgiving \u2062dinner has\u2064 increased by a \u200dstaggering 25%.<\/p>\n<p>&#8220;While shoppers will see a slight\u2063 improvement\u200b in the cost of a Thanksgiving dinner, \u200bhigh inflation continues to hammer families across the country, including \u200dthe nation&#8217;s farmers,&#8221; said \u2063AFBF President \u200cZippy Duvall. &#8220;Growing the food families rely\u200d on is a constant challenge for farmers because of high fuel, seed, fertilizer, and transportation\u200c costs, just \u2064to name a few.&#8221;<\/p>\n<h3>The Shopping List<\/h3>\n<p>The \u200bAmerican Farm\u2062 Bureau&#8217;s survey includes a\u200d variety of\u200c Thanksgiving essentials, such as turkey, stuffing, sweet potatoes, dinner rolls, butter, peas, cranberries, a tray of veggies, and\u2062 pumpkin pie with \u2062whipped cream.<\/p>\n<p>The main \u2062reason for the 4.5% decrease\u200d in the average price of a Thanksgiving dinner this \u200dyear \u200bis the falling turkey prices. Turkey is the \u200bmost expensive item \u200din the holiday spread, with a 16-pound bird costing $27.35.<\/p>\n<p>According to food economist \u2062David Ortega, the declining price of turkey\u2062 is the primary\u2063 factor driving down the overall cost of a Thanksgiving meal this year. He explains that\u2062 wholesale turkey prices have dropped by around 30% \u200dto 40% per pound compared to last year, resulting in savings for\u200b consumers at the grocery store.<\/p>\n<p>However, it takes time\u2063 for these cost decreases to be \u200creflected in grocery store prices. Betty Resnick, an economist involved in the AFBF project, attributes the significant drop in turkey prices to the decline in\u2063 avian \u200cinfluenza cases. Last year, there \u200bwas a severe outbreak of bird flu, which decimated flocks across the country and drove up \u2063the\u200b cost of\u2064 poultry. This year, with fewer avian influenza cases, the supply of turkey has \u2064increased.<\/p>\n<h3>The \u2063Impact of Energy Prices<\/h3>\n<p>Rising energy prices have been a major contributor to overall \u2064inflation in recent \u200dyears. Higher\u2062 gas prices and increased\u200d operational costs for \u200dfood-making operations and slaughterhouses lead to\u2063 higher transportation costs for\u200b food items, which, \u200din \u2064turn, \u200bnecessitate price increases by\u200c producers.<\/p>\n<p>Resnick explains that farms require fuel to\u2062 run tractors, while slaughterhouses rely on energy to maintain proper \u2063lighting and \u2063temperature. Additionally, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/talking-turkey-why-the-cost-of-the-holiday-dinner-has-risen-so-much-in-recent-years\/\" title=\"Talking turkey: Why the cost of the holiday dinner has risen so much in recent years\">higher natural gas prices affect food prices<\/a> \u200cbecause many fertilizers used \u2062in farming are made with natural gas.<\/p>\n<h3>The \u200dDemand Side\u200c and Inflation<\/h3>\n<p>While inflation rates have eased slightly in\u200c the past year, they remain \u2062high and rising. The \u2063demand side has played\u200d a significant role in driving overall inflation. During the pandemic, low interest rates and stimulus\u2064 payments led to increased spending \u2062as people stayed home and had more disposable income. The Federal Reserve is now working to raise\u2063 interest rates to\u2063 curb demand.<\/p>\n<p>On the supply side, the war\u200c in Ukraine has also impacted food inflation. The conflict disrupted factories and reduced farm\u200b production in Ukraine, a major agricultural region\u2062 known as the &#8220;breadbasket of Europe.&#8221; Notably, the invasion caused \u2064a rapid increase\u200d in cooking \u2064oil prices, as Ukraine is\u2063 a significant producer of sunflower oil.<\/p>\n<p>As\u2062 families prepare for Thanksgiving, the rising cost of food serves \u200bas a reminder \u200bof\u2064 the challenges faced by both\u2063 consumers and farmers \u200din an inflationary\u2064 environment.<\/p>\n<p> <\/p>\n<h2> \u2063What government policies \u2062and individual actions can be taken to mitigate the impact \u2064of rising food prices \u2062and ensure \u2064a \u200bstable and affordable food supply<\/h2>\n<p><span>  N the grocery store aisles. As\u200b Ortega points out, &#8220;there can be\u200b a \u200blag between the wholesale price and\u2062 what consumers \u2062ultimately see at the retail level.&#8221;<\/p>\n<p>Aside from turkey, other Thanksgiving staples have \u2064seen price increases. For example,\u2064 the survey found that the cost of stuffing, sweet potatoes, dinner\u2062 rolls, and a tray of \u200dveggies has increased since last year.\u200d This may \u200dbe\u200b due to various supply-side factors, such as increased transportation \u2064costs and\u2063 higher prices for key ingredients. Additionally, the impact of inflation on food prices cannot be ignored.<\/p>\n<p>Thanksgiving is a \u2063time for families to come together\u200b and enjoy a delicious meal, but for many, the rising\u2063 cost of\u2063 food poses a significant financial burden. Families \u200dmust \u200ccarefully budget and make tough choices in order to afford the\u2062 traditional feast. This is especially true for low-income\u2062 families who may \u200calready\u200b be struggling to\u200c make ends meet.<\/p>\n<h3>Looking Ahead<\/h3>\n<p>There is no easy solution to \u200cthe problem of rising \u2064food\u200b prices. However, experts suggest that government policies can play a role in mitigating the impact on families. For instance, policies that address the underlying causes of inflation, such as addressing the rising cost of\u200d fuel and improving transportation \u2062infrastructure,\u200c can help stabilize food\u200d prices in the long term.<\/p>\n<p>In addition, support for farmers and agricultural producers is \u2064crucial. These individuals\u200c face \u200dnumerous challenges\u2064 in growing and distributing food, \u200cand providing them with assistance can help ensure a stable and \u2063affordable food supply. This \u200dincludes measures such as research and development \u2062funding, access to\u200d affordable loans, and support for sustainable\u2062 farming practices.<\/p>\n<p>At the individual level, there\u200d are\u200d steps\u2063 families can take to minimize the\u2064 impact of rising food prices. This may include shopping smartly, seeking out discounts and sales, and considering alternative meal options that are more affordable. Additionally,\u2062 reducing food \u200bwaste can also help stretch the \u2063family budget.<\/p>\n<p>Thanksgiving is\u200b a time \u2062to\u200b give thanks for what we have, but\u200b it is also a reminder of the \u2062challenges \u2062many families\u2064 face.\u2064 As we gather around the table this year, let us not forget those who \u200care struggling to\u200d put food on their plates. Through collective efforts and thoughtful policies, we can work towards ensuring that every family can enjoy a bountiful and affordable Thanksgiving feast.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The soaring food prices over the past few years will take a toll on families nationwide this week as they prepare their Thanksgiving spreads. Food prices have been driven up in part because of supply-side factors, such as the higher cost of the fuels needed to transport grain and livestock, as well as the broader<\/p>\n","protected":false},"author":1,"featured_media":2103608,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2103607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2103607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2103607"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2103607\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2103608"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2103607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2103607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2103607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}