Rising food costs take a bite out of Thanksgiving dinner - BusinessMirror

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Rising food costs take a bite out of Thanksgiving dinner - BusinessMirror
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In early November, Hays Culbreth’s mother sent a poll to a few family members. She said she could only afford to make two sides for their group of 15 this Thanksgiving and asked them each to vote for their favorites.

Culbreth guesses green beans and macaroni and cheese will make the cut, but his favorite—sweet potato casserole with a brown sugar crust—will not.

Lower production and higher costs for labor, transportation and items are part of the reason; disease, rough weather and the war in Ukraine are also contributors. As a result, US turkey supplies per capita are at their lowest level since 1986, said Mark Jordan, the executive director of Jonesboro, Arkansas-based Leap Market Analytics. Jordan predicts the wholesale price of a frozen, 8-16 pound turkey hen—the type typically purchased for Thanksgiving—will hit $1.77 per pound in November, up 28 percent from the same month last year.

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