And when it comes to Thanksgiving food, it seems Americans are getting relief on their grocery bills this year following a few years of escalating costs.
The national average cost for a 16-pound turkey is down 6% from 2023, according to the Farm Bureau.
Overall turkey prices have decreased about 4% in the past year, according to the consumer price index.
Farmers raised about 205 million turkeys in 2024, down 6% from 2023, according to the U.S. Department of Agriculture.
The aggregate impact has been lower turkey prices.
Persons:
Robin Wenzel, Bernt Nelson, Nelson, Monty Rakusen, That's, —, Robin Wenzel Wells, Wenzel
Organizations:
American Farm Bureau Federation, Farm Bureau, Deloitte, Finance, Food Institute, Farm, Farmers, U.S . Department of Agriculture, Digitalvision, Getty, Food, USDA
Locations:
Wells, Turkey, U.S, Ukraine