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Showing posts with the label This Popular Thanksgiving Food Has Skyrocketed in Price

This Popular Thanksgiving Food Has Skyrocketed in Price

Okay, first, the bad news. The rumors are true… Thanksgiving dinner is going to cost you more this year. In a time filled with shortages , supply chain issues, and other delays in processing , the toll will certainly be felt during the last leg of 2021. The American Farm Bureau, as reported by Axios , estimates that the tradition of celebrating Thanksgiving, in particular, will see a 14% increase in cost for a 10-person gathering. The American Farm Bureau's informal survey of prices at grocery stores across the country showed an increase in price over the past year of the most popular Thanksgiving foods. The bureau's senior economist cited the culprits for these spikes in costs as "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 ." But, before you scrap the big feast entire