Higher prices in the grocery store should not greatly affect price tags on ingredients for this year's traditional fall feast.
The American Farm Bureau Federation conducts a Thanksgiving Dinner Price Survey each year and reports only a one-percent increase from last year's total meal cost. Dave Miller is the director of research and commodity services for the Iowa Farm Bureau and tells us the biggest price hike of all the items purchased to prepare the dinner is the star of the show.
Miller says the non-sale price for a 16-pound turkey is up 66-cents to $22.23 compared to $21.57 in 2011. 150 shoppers from 35 states do the price comparison each year for the exact same ingredients. In 2008 the total cost of the meal was $44.61 compared to $49.48 this year.
(Copyright 2012 by The Nebraska Radio Network. All Rights Reserved.)
(Image courtesy of Stock.xchng)