Turkeys to be 24% more expensive this Thanksgiving, report estimates
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from: Austin does, Nexstar media cable
Posted: Nov 22, 2021 / 10:13 PM CST
Updated: 11/22/2021 / 10:13 PM CST
(Getty Images)
SALT LAKE CITY (KTVX) – This Thanksgiving, which the family gathers for a turkey dinner, is expected to gobble up more money than it has been in years past.
According to data from the American Farm Bureau, the cost of a turkey in 2021 was up 24% year over year, at an average price of $ 23.99 for a 16 pound turkey.
While the main attraction at the festive dinner saw the sharpest increase in costs compared to last year, this is not the only item expected to be more expensive. A four-pound serving of ham costs an average of $ 1.71 more, and other offerings like pie bowls, pumpkin pie mix, russet potatoes, rolls, and cranberries saw an increase.
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On the positive side, the filling is about 52 cents cheaper compared to last year, says the American Farm Bureau.
The Farm Bureau, which has been conducting its survey of the cost of the Thanksgiving dinner since 1986, says the average cost of a homemade turkey feast for 10 people is projected to cost $ 53.31 in 2021, up 14% from that Average price of $ 46.90 in 2020.
Courtesy of the American Farm Bureau Federation
Veronica Nigh, chief economist at the Farm Bureau, says – unsurprisingly – that the ongoing pandemic and supply chain problems in the United States have combined to fuel dinner prices.
“Several factors contributed to the increase in the average cost of this year’s Thanksgiving dinner,” Nigh said in a bureau press release. “These include dramatic disruptions to the US economy and supply chains in the past 20 months; Inflationary pressures across the economy; Difficulty predicting demand during the COVID-19 pandemic; and high global demand for food, especially meat. “
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Despite the increased total cost, the report says consumers who don’t have to take a bird home to prepare for Thursday’s big day may end up paying less. Data from the USDA’s Agricultural Marketing Service shows that the advertised price of turkey started at $ 1.07 a pound for the week of Nov. 5-11, before falling to 88 cents a pound the next week.
Depending on the size of your Thanksgiving turkey, you may run out of time to thaw it in the refrigerator, which the US Department of Agriculture says is the safest method.
For this thawing method, the USDA recommends allowing about 24 hours per 4 to 5 pounds of bird. So a 16-pound turkey will need around four days of refrigeration. After thawing, the turkey must be cooked within two days.
Proper thawing is critical to ensuring food safety, but if it’s too late to put your bird in the refrigerator, two other methods are available: in cold water or in the microwave. With either method, the bird must be boiled immediately after thawing.
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