Cost Of Classic Thanksgiving Dinner Down For 2013

The American Farm Bureau Federation’s (AFBF) 28th annual informal price survey of classic items found on the Thanksgiving Day dinner table indicates the average cost of this year’s feast for 10 is $49.04, a 44¢ price decrease from last year’s average of $49.48.
“The cost of this year’s meal, at less than $5 per serving, remains an excellent value for consumers,” said AFBF President Bob Stallman.

The AFBF survey shopping list includes turkey, bread stuffing, sweet potatoes, rolls with butter, peas, cranberries, a relish tray of carrots and celery, pumpkin pie with whipped cream, and beverages of coffee and milk, all in quantities sufficient to serve a family of 10. There is also plenty for leftovers.

Image courtesy of American Farm Bureau Federation
Image courtesy of American Farm Bureau Federation

The big ticket item  (a 16-pound turkey ) came in at $21.76 this year. That was roughly $1.36 per pound, a decrease of about 3¢ per pound, or a total of 47¢ per whole turkey, compared to 2012. The whole bird was the biggest contributor to the final total, showing the largest price decrease compared to last year. “This year we can be thankful that Thanksgiving Dinner, a special meal many of us look forward to all year, will not take a bigger bite out of our wallets,” said John Anderson, AFBF’s deputy chief economist. “Most Americans will pay about the same as last year at the grocery store for a turkey and all the trimmings. Slightly higher turkey production for much of the year coupled with an increase in birds in cold storage may be responsible for the moderate price decrease our shoppers reported,” he said.

In addition to the turkey, other items that declined in price included a dozen brown-n-serve rolls, $2.18; one pound of green peas, $1.54; a 14-ounce package of cubed bread stuffing, $2.67; fresh cranberries, $2.42; a half pint of whipping cream, $1.85; and two nine-inch pie shells, $2.49.
Items that showed a moderate price increase from last year included three pounds of sweet potatoes, $3.36; one gallon of whole milk, $3.66; and a 30-ounce can of pumpkin pie mix, $3.10.
In addition, a combined group of miscellaneous items, including coffee and ingredients necessary to prepare the meal (onions, eggs, sugar, flour, evaporated milk and butter) increased to $3.20. A one-pound relish tray of carrots and celery increased to 81¢.

The average cost of the dinner has remained around $49 since 2011. Further, Anderson noted that despite retail price increases during the last year or so, American consumers have enjoyed relatively stable food costs in general over the years, particularly when adjusted for inflation.
The stable average price reported this year by Farm Bureau for a classic Thanksgiving dinner tracks closely with the government’s Consumer Price Index for food eaten at home (available at http://www.bls.gov/news.release/pdf/cpi.pdf), which indicates a 1% increase compared to a year ago.

The AFBF survey was first conducted in 1986. While Farm Bureau does not make any scientific claims about the data, it is an informal gauge of price trends around the nation. Farm Bureau’s survey menu has remained unchanged since 1986 to allow for consistent price comparisons.

Source: American Farm Bureau Federation

Topics:

Leave a Reply

Farm Management Stories

CitrusGrowers Need To Take The Ball And Run — Now! [Opinion]
October 18, 2014
Help yourself, your farm, and fellow colleagues by becoming more involved in your industry. Read More
CitrusDiversification Is King For Small Farm’s Success
October 16, 2014
Being flexible and adapting to the times critical for Central Florida's Vo-LaSalle Farms. Read More
Farm ManagementVidalia Onion Committee Reaches Younger Audience with Digital Marketing Efforts
October 15, 2014
“V is for Vidalia” campaign focused on social and digital media outreach. Read More
Food SafetyCalifornia Leafy Greens Marketing Agreement Revises Website To Provide Easy Access To Food Safety Topics
October 15, 2014
The California Leafy Greens Marketing Agreement's revised website provides food safety news and resources. Read More
CitrusUF/IFAS Joins In On Specialty Crop Block Grant Bonanza
October 15, 2014
Researchers partnering with FDACS and USDA on 24 separate projects to strengthen the produce market sector. Read More
Citrus2015 Florida Agricultural Hall Of Fame Inductees Announced
October 14, 2014
Six more to be honored for helping shape and influence the state’s farming industry. Read More
FruitsCornell University To Host Marketing Conference
October 9, 2014
Two-day event focuses on emerging markets, wholesaling, and ethics in agribusiness. Read More
CitrusFarm Bureau Urges Senate To Ditch Proposed Water Rule
October 8, 2014
Farm Bureau says the time is now to have the proposed water rule withdrawn. Read More
Food SafetyCenter For Produce Safety To Fund 14 Projects
October 7, 2014
The objective of the new grant awards is to provide the industry with practical research that can be used at all levels of the supply chain. Read More
FruitsUSDA Expands Access To Credit To Help More Beginning And Family Farmers
October 7, 2014
Changes increase eligibility and financing options. Read More

The Latest

CitrusGrowers Need To Take The Ball And Run — Now! [Opi…
October 18, 2014
Help yourself, your farm, and fellow colleagues by becoming more involved in your industry. Read More
CitrusDiversification Is King For Small Farm’s Success
October 16, 2014
Being flexible and adapting to the times critical for Central Florida's Vo-LaSalle Farms. Read More
Farm ManagementVidalia Onion Committee Reaches Younger Audience with D…
October 15, 2014
“V is for Vidalia” campaign focused on social and digital media outreach. Read More
CitrusUF/IFAS Joins In On Specialty Crop Block Grant Bonanza
October 15, 2014
Researchers partnering with FDACS and USDA on 24 separate projects to strengthen the produce market sector. Read More
Citrus2015 Florida Agricultural Hall Of Fame Inductees Announ…
October 14, 2014
Six more to be honored for helping shape and influence the state’s farming industry. Read More
CitrusFarm Bureau Urges Senate To Ditch Proposed Water Rule
October 8, 2014
Farm Bureau says the time is now to have the proposed water rule withdrawn. Read More
Farm ManagementSpecialty Crop Producers Score Nearly $118 Million In G…
October 2, 2014
Via 2014 Farm Bill, USDA seeks to bolster major driver in U.S. economy.   Read More
BerriesReal Estate Firm, Wish Farms Strike Large Land Deal
October 1, 2014
$13.8 million transaction includes more than 800 acres acquired from longtime Central Florida produce operation. Read More
CitrusFarming Is Quite The Scary Prospect For Some [Opinion]
September 30, 2014
Florida Grower managing editor Paul Rusnak says economic realities might frighten off future leaders from noble professions. Read More
CitrusFlorida Announces Its 2014 Woman Of The Year In Agricul…
September 29, 2014
Longtime award recognizes women who have made outstanding contributions to the state’s farming sector. Read More
CitrusFlorida Produce Industry Embracing Progress, Confrontin…
September 29, 2014
Production pressures and politics hot topics at FFVA’s 71st Annual Convention. Read More
CitrusFlorida Farmers Finding Ways To Cultivate An Environmen…
September 26, 2014
Florida Agriculture Commissioner Adam Putnam salutes producers putting their best management practices forward. Read More
CitrusGrowers Should Partner Wisely To Stay Afloat Amid WOTUS…
September 26, 2014
According to Florida Grower editor Frank Giles, the Clean Water Act is muddying waters for farmers. Read More
Farm ManagementUSDA Takes Steps To Help Farmers Manage Risk
September 25, 2014
New programs offers farmers protection against price drops and additional unforeseen risks. Read More
CitrusFDA Announces Cooperative Agreement To Implement Nation…
September 17, 2014
Agreement will provide information to help plan and carry out the produce safety rule in partnership with state regulatory agencies. Read More
CitrusSouth Florida Wet Season Receives Slight Respite
September 9, 2014
Reports indicate most areas around the region received below average rainfall during August. Read More
Farm ManagementStay One Step Ahead Of Legal Challenges
September 8, 2014
Don’t get caught up in easily prevented legal troubles from a lack of planning. Read More
Farm ManagementWilbur-Ellis’ Updates AgVerdict Software After Grower…
September 8, 2014
Design made with growers in mind, allows on-the-go data entry. Read More