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New York CNN —Something wild has happened with turkey prices that’s going to make the cost of cooking the Thanksgiving meal more palatable to families on a tight budget. “Because turkey prices are down so much, and that’s the centerpiece of the meal, celebrating Thanksgiving at home will be more advantageous this year for families,” he said. Drop in turkey prices could bring down the overall cost of a Thanksgiving home-cooked mean this year. Food price increases have been easing this year, offering much-needed relief for many households. Canned food is still costlier heading into the Thanksgiving month compared to last year.
Persons: “ There’s, , Michael Swanson, Swanson, Christopher Walljasper, Wells Fargo’s, There’s, “ Russets, , Danielle Wiener, Bronner Organizations: New, New York CNN, Wells, Food Institute, USDA Livestock Marketing, USDA Locations: New York, , Pacific
Mark Suster is managing partner of Upfront Ventures, a Los Angeles venture firmSuster's fastidiousness has created what many now consider one of the best tech conferences of the year. But Suster's abrasive, take-no-prisoners approach has also alienated some startup founders and investors. These luminaries were among the 1,000-plus attendees of last month's Upfront Summit, a glitzy, invite-only tech conference organized by Upfront Ventures and its managing partner, Mark Suster, in Los Angeles each year. "Mark and the Upfront Summit helped put LA tech and investing on the map," said Jeffrey Katzenberg, the cofounder of DreamWorks and WndrCo. Several years ago, a founder whose startup Suster invested in was in a conference room rehearsing their presentation for the Upfront Summit.
"I have worked with more than 50 VCs and nobody comes close to what it is like to work with Mark Suster," said a founder backed by Suster. "Mark and the Upfront Summit helped put LA tech and investing on the map," said Jeffrey Katzenberg, the cofounder of DreamWorks and WndrCo. Several years ago, a founder whose startup Suster invested in was in a conference room rehearsing their presentation for the Upfront Summit. If you're going to put him on your board, you're letting the fox guard the henhouse. "If you're going to put him on your board, you're letting the fox guard the henhouse."
Read Abigail Abesamis Demarest's full Costco shopping list: I've shopped at Costco for over 10 years. AdvertisementRead Lisa Tanner's full Costco shopping list: I'm a mom of 10 who's shopped at Costco for almost 20 years. Read Tara Zeller's full Costco shopping list: I drive 4 hours and spend $500 for every Costco trip. AdvertisementRead Majed Kassis' full Costco shopping list: I run a Costco fan account with over 390,000 followers. Read Rachel MacPherson's full Costco shopping list: I'm a personal trainer who shops for a family of 6 at Costco.
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Why are cranberry sauce labels upside-down? Science
  + stars: | 2022-11-23 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +3 min
New York CNN Business —Perhaps one of the greatest mysteries of Thanksgiving is the cranberry sauce — and we’re not even talking about why people eat it: What’s the deal with the upside-down labels on Ocean Spray cans of the stuff? Observant consumers have noticed that the Ocean Spray labels on jellied cranberry sauce cans are flipped, meaning the rounded edge that’s typically on the bottom of most canned goods is on top of Ocean Spray cranberry sauce cans. According to Ocean Spray, that’s intentional: It creates a seamless serving experience. That includes cranberry sauce, whose price is up about 18% compared to last year because cranberry crops are smaller this year, sparking a supply squeeze. The company, which is a farmer co-operative, told CNN Business that it has also has had to hike prices of its canned cranberry sauce, but declined to give a specific percentage.
Less is moreA classic Thanksgiving plate, featuring turkey, mashed potatoes, stuffing, green beans and gravy. His Thanksgiving preparations start with a trip to a local farmers market, where he can thank the growers personally for his bounty. Leftover idea: Here’s how Acheson turns leftovers into a turkey avocado sandwich as memorable as the feast. Divide and conquerMeal prep is essential to make sure your Thanksgiving dinner tastes great and minimizes waste, says Lisa Bryan. Bryan understands that executing a chaos-free Thanksgiving dinner takes practice.
As food prices have risen, a U.S Census survey showed the share of households reporting food scarcity rising from 7.8% in August 2021 to 11.4% as of early October. As with other goods and services, there is a broad set of forces behind the Thanksgiving food spike. Thanksgiving-related travel this year may at least be cheaper than it was, with airline and fuel prices having declined recently. Discounted turkey prices often lure consumers to grocery stores and supermarkets, and bargains intensify as the holiday approaches. The Farm Bureau noted that frozen turkey prices had fallen to 95 cents a pound as of this week.
The average 2022 cost for a "classic" Thanksgiving dinner for 10 is $64.05, according to results from the American Farm Bureau Federation. The overall average cost of a "classic" Thanksgiving dinner for 10 people, which includes things like a 16-pound turkey and a dozen dinner rolls, is $64.05. The following chart shows how the average cost of a "classic" Thanksgiving dinner has varied over time and just how much it has climbed this year from last year. The other 14 items noted for either a classic or updated Thanksgiving dinner will see some kind of increase in their average price from 2021. People concerned about higher prices on items they need for their Thanksgiving plans may find some deals and sales at stores.
New York CNN Business —Thanksgiving dinner will cost a whopping 20% more than it did last year, according to a new survey released Wednesday by the American Farm Bureau Federation. “General inflation slashing the purchasing power of consumers is a significant factor contributing to the increase in average cost of this year’s Thanksgiving dinner,” said Roger Cryan, chief economist at the American Farm Bureau Federation. Supply chain issues stemming from the war in Ukraine pushed the cost of Thanksgiving menu items higher, as did higher input costs for farmers and ranchers like feed, fuel, and fertilizer. Every Thanksgiving meal item tracked by the Farm Bureau rose in cost this year, except for one: cranberries. Shoppers in the western part of the country saw the highest prices while those in the South found the most affordable Thanksgiving menu items.
How to have an affordable Thanksgiving meal
  + stars: | 2022-11-06 | by ( Casey Barber | ) edition.cnn.com   time to read: +7 min
CNN —If you’re feeling ruffled by recent reports that turkey prices are on the rise, don’t panic. As Del Coro explained, the USDA weekly pricing report shows wholesale pricing for commodity birds — not free-range, organic or any other so-called premium descriptor. If you’re feeling adventurous or considering opting out of serving turkey this year, here are some alternatives for the Thanksgiving menu. His Thanksgiving meal often incorporates foods that were more frequently eaten in preindustrial North America. Go plant-basedNo, focusing on plant-based dishes for Thanksgiving doesn’t mean you have to serve Tofurky.
That dark, delicious bar you devoured might contain 30 or more insect parts and a sprinkling of rodent hair. That means each 2 tablespoon-peanut butter sandwich would only have about eight insect fragments and a teensy bit of rodent filth. (“Filth” is what the FDA calls these insect and rodent food defects.) Did you know there can be 450 insect parts and nine rodent hairs in every 16-ounce box of spaghetti? “Do we have particularly high insect parts or was it a particularly buggy time of year when the food was harvested?
Persons: CNN — Brace, gosh, , Ben Chapman, Chapman, , ” Chapman, I’ve, Will Organizations: CNN, Food and Drug Administration, FDA, North Carolina State University Locations: America
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