Americans are bracing for a costly Thanksgiving this year, with double-digit percent increases in the price of turkey, potatoes, stuffing, canned pumpkin and other staples.
Eight wild birds in Los Angeles County have tested positive for the avian flu, according to the county Department of Parks and Recreation.
And not every producer was equally affected. Butterball — which supplies around one-third of Thanksgiving turkeys — said avian flu impacted only about 1% of its production because of security measures it put in place after the last big bout of flu in 2015. Egg prices would have been higher even without the flu, Anderson said, because of the rising cost of the corn and soybean meal used for chicken feed. Ukraine is normally a major exporter of corn, and the loss of that supply has caused global prices to soar.
Craig Carlson, the CEO of Chicago-based Carlson Produce Consulting, said frost and a wet spring severely stunted potato growth this year. Growers also raised prices to compensate for the higher cost of seeds, fertilizer, diesel fuel and machinery. Production costs are up as much as 35% for some growers this year, an increase they can’t always recoup, Carlson said.
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Rising food costs take a bite out of Thanksgiving dinner | amNewYorkAmericans are bracing for a costly Thanksgiving this year, with double-digit percent increases in the price of turkey, potatoes, stuffing, canned pumpkin and other staples.
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Rising food costs take a bite out of Thanksgiving dinnerIn early November, Hays Culbreth’s mother sent a poll to a few family members. She said she could only afford to make two sides for their group of 15 this Thanksgiving and asked them each to vote for their favorites.
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Rising food costs take a bite out of Thanksgiving dinnerAmericans are bracing for a costly Thanksgiving this year, with double-digit percent increases in the price of turkey, potatoes, stuffing, canned pumpkin and other staples. Higher production costs …
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Rising Food Costs Take a Bite Out of Thanksgiving DinnerAmericans brace for a costly Thanksgiving this year, with increases in the price of turkey, potatoes, stuffing, canned pumpkin and more. The U.S. government estimates food prices will be up 9.5% to 10.5% this year.
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Rising food costs take a bite out of Thanksgiving dinnerAmericans are bracing for a costly Thanksgiving this year, with double-digit percent increases in the price of turkey, potatoes, stuffing, canned pumpkin and other staples.
Les mer »