Thanksgiving Sticker Shock

News
Wednesday, November 24, 2010 - 11:48am

The cost of Thanksgiving dinner is higher this year.

Are you joining millions of americans for a last-minute trip to the grocery store today?

If so, bring some extra cash.

"Feed corn prices are up over 50 percent over the past year so its causing kinda a pullback in turkey productions," explains the Food Institute's Brian Todd.

The Food Institute reports turkey prices are up 30 percent over last year, but the American Farm Bureau says they're actually cheaper.

The Farm Bureau's average price for your Thanksgiving spread: $4.35 per person, up 1.3 percent over last year.

Expect to pay more for cranberries, sweet potatoes, fresh vegetables and the fixings for pumpkin pie.

Your other option: Let someone else do the cooking. The National Restaurant Association says one in ten Americans will eat out this year.
 

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