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It’s safe to say that food is one of the most important things to focus on for your Thanksgiving budget. Here’s a look at what the cost of a Thanksgiving meal is looking like this year.
A 10-person classic Thanksgiving dinner at home costs an average of $61.17 this year.
In spirit of the food-centric holiday, let’s hear from the American Farm Bureau Federation. AFBF released its 2023 Thanksgiving Dinner cost Survey. Veronica Nigh, an economist with the American Farm Bureau, says a Thanksgiving meal might be a little cheaper this year.
In 2022, American farmers produced more that 1.6 billion pounds of pumpkins according to the U.S. Department of Agriculture. More than just being a whole lot of pumpkin pie, it was valued at over $272 million dollars
In 2022, farmers in the United States produced 210 million turkeys. That’s valued at $7.1 billion.