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Thanksgiving Feast Costs Drop 5% This Year, Thanks to Cheaper Turkey

Source: Will your Thanksgiving dinner be cheaper this year? Here's what reports and surveys say (2025-11-22)

This year, families celebrating Thanksgiving can breathe a sigh of relief as the overall cost of a traditional holiday dinner is projected to decrease by 5%, totaling approximately $55.18 for a meal for 10 people. This decline is primarily driven by a significant 16% drop in turkey prices, making the centerpiece more affordable than last year. Despite the savings on turkey, some side dishes, including fresh vegetables and dairy products, have experienced price increases due to rising farm expenses and agricultural damages caused by extreme weather events and supply chain disruptions. Recent reports from the American Farm Bureau Federation highlight these trends, but also reveal additional factors influencing holiday costs, such as inflation rates, fuel prices, and global supply chain stability. In the broader context, the 2025 holiday season reflects a complex economic landscape. The global inflation rate has moderated slightly, but food prices remain volatile due to ongoing climate change impacts and geopolitical tensions affecting agricultural exports. The USDA reports that dairy prices have increased by approximately 8% over the past year, driven by drought conditions in key dairy-producing regions. Meanwhile, fresh vegetable prices have risen by around 10%, influenced by supply chain disruptions and labor shortages in farming sectors. Despite these increases, the overall holiday meal remains more affordable, thanks to the sharp decline in poultry costs, which have fallen due to improved supply chain efficiencies and increased poultry production in the U.S. Furthermore, recent government initiatives aimed at stabilizing food prices, such as subsidies for farmers and strategic grain reserves, have contributed to the downward trend in turkey prices. Consumer sentiment surveys indicate that households are planning to spend less on holiday groceries this year, with many opting for more budget-friendly options or adjusting their menus to include more plant-based dishes. Additionally, the rise of local farmers' markets and community-supported agriculture (CSA) programs has provided consumers with access to fresh, affordable produce, helping offset some of the higher costs of traditional side dishes. Looking ahead, experts predict that food prices may stabilize further in the coming months, but uncertainties remain due to unpredictable weather patterns and international trade dynamics. The U.S. Department of Agriculture forecasts that turkey prices could remain relatively low through the holiday season, while dairy and vegetable prices may continue to fluctuate. Consumers are encouraged to plan ahead, compare prices, and consider alternative ingredients to maximize savings. Retailers are also offering promotions and discounts on holiday staples, making it easier for families to enjoy a festive meal without overspending. In conclusion, the 2025 Thanksgiving dinner is shaping up to be more budget-friendly for many Americans, primarily due to the significant drop in turkey prices. However, rising costs in other food categories remind shoppers to stay vigilant and strategic in their grocery shopping. As the economy continues to adapt to global challenges, consumers can expect some relief at the checkout line, but mindful planning remains essential for a joyful and affordable holiday celebration.

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