In another sign of how inflation under the Biden administration is crippling the American consumer, according to the Farm Bureau’s 36th annual survey, the average cost of this year’s Thanksgiving dinner will cost a whopping 14% more than last year.
The Farm Bureau, also known as the American Farm Bureau Federation (AFBF), is an insurance company and lobbying group representing the American agriculture industry.
The Farm Bureau noted, “The average cost of this year’s classic Thanksgiving feast for 10 is $53.31 or less than $6.00 per person. This is a $6.41 or 14% increase from last year’s average of $46.90. The centerpiece on most Thanksgiving tables – the turkey – costs more than last year, at $23.99 for a 16-pound bird. That’s roughly $1.50 per pound, up 24% from last year.”
The Farm Bureau allowed that the “volunteer shoppers” checked prices Oct. 26 to Nov. 8, roughly two weeks before most grocery store chains begin dropping the price of whole frozen turkeys.