More Info On Thanksgiving

This is for those last minute food shoppers for the Thanksgiving meal…..

Just days away from the big day when families and friends get together and enjoy a meal and some time together… we all know inflation is eating away at our budgets and your big meal will be really expensive this year.

Thanksgiving dinner will be pricier than last year, according to economists, who say it might actually be cheaper to eat out. The cost of a turkey is expected to rise 23% compared to the fourth quarter of 2021, according to a report from Wells Fargo analysts Courtney Schmidt and Brad Rubin. However, the New York Times recently reported turkey prices could double over last year as a result of avian flu outbreaks, drought, and higher costs of feed, fuel, and labor. In the week of Oct. 21, the average retail price for a frozen turkey was $1.99 per pound, up 73% from 2021. And “more limited” supplies mean you won’t necessarily get your pick of the bunch, per Fox Business.

The cost of eggs, butter, flour, and fruits and vegetables are already up 32.5%, 25.8%, 17.1%, and 7.3% respectively year over year, according to the report. Cranberry sauce is expected to be more expensive than last year “due to cranberry producers that faced rising input costs.” While cooler spring weather has delayed crops of white potatoes in Idaho and Washington, meaning “prices will be higher based on supply and demand principles,” sweet potatoes “have a surplus at the moment,” Rubin tells Fox. If you’d rather not cook, eating out is a “great value this year,” he adds, noting the “cost of eating out has increased slower than at home.” For a family of four, eating out could cost roughly the same as dining at home, though it will be less economical for larger groups.

Have a great Sunday and enjoy your time……

I Read, I Write, You Know

“lego ergo scribo”


4 thoughts on “More Info On Thanksgiving

  1. Jim and I spare no expense and we do not cull the cost of anything we want. We also do not share holidays with relatives or friends because the relatives only come to survey the possibilities of getting something from us and the friends cannot be trusted not to come and spread germs all over the place. So we are good!

  2. We have had a spate of Avian Flu here. (Apparently) Millions of birds have been culled, and the cost of a Turkey for Christmas is expected to double, at the very least.
    But was there really bird flu? Or is it just more profiteering?
    You know what I think, I’m sure.
    We are eating out at a restaurant on the 25th, and refusing to buy an overpriced bird.
    Best wishes, Pete.

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