Your Thanksgiving meal could cost a little less this year. That is according to the American Farm Bureau’s annual survey, which shows the price for the holiday dinner is down 5% from last year but still well above pre-pandemic levels.
AFBF Economist Bernt Nelson spoke with RFD-TV’s own Suzanne Alexander on what stands out from the survey, HPAI impacting turkey production, and what farmers need to keep in mind.
Related Stories
Year-to-date red meat production is down 2 percent, with beef lower and pork higher.
Drought and Planting Shape Weekly Crop Condition Recap
Drought remains a major risk, with the ERS reporting that 98 percent of the U.S. cotton production area was affected by drought in early May.
The coalition says the program was designed to make cover crop enrollment faster and easier for producers.
European officials say the temporary move is aimed at easing pressure on farmers as conflict in the Middle East disrupts fertilizer markets.
Canadian industry leaders argue the tax policies cited by U.S. officials are similar to exemptions already used by American growers.