Survey Says Turkey Dinner Costs Decline

by Talk Business & Politics staff ([email protected]) 104 views 

The Arkansas Farm Bureau’s 28th annual survey of the costs of a Thanksgiving meal indicates consumers may pay $2.50 less this year for their turkey, cranberries and pumpkin pie.

The unscientific poll shows that the cost of a Thanksgiving Day meal will cost a family of 10 $42.63 this year, down from last year’s average of $45.12. Lower prices for turkeys and milk were cited as the primary factors for the decline.

The statewide average is based on responses from members of the Farm Bureau Women’s Committee and other volunteers who surveyed food prices at 11 grocery stores and supermarkets across the state. They were asked to report the “best in-store price” of 12 items included in the meal. They are allowed to take advantage of advertised specials, excluding discount coupons and purchase requirements.

“The fact the cost of the traditional Thanksgiving dinner is more than $2 lower than last year remains a testament to the efficiencies of our food production system,” said Arkansas Farm Bureau President Randy Veach. “Though the drought eased somewhat this year, American farmers and ranchers continue to face high energy and production costs. Yet because of their reliance on the latest research and technology, consumer prices for food products remain stable and are actually seeing declines in some sectors.”

The annual food survey is intended to be a gauge of actual price trends across Arkansas and the nation. The survey period was Nov. 1-12. The shopping list has remained unchanged since 1986 to allow consistent price comparisons. The food items include:

A 16-pound young tom turkey
A gallon of whole milk
Three pounds of sweet potatoes
12-ounce package of cranberries
A package of brown and serve rolls
Frozen green peas
A pound of carrots
Half pint of whipping cream
Stuffing and celery
Pumpkin pie mix
Frozen pie shells
Coffee