“Good sign for consumers": AFBF Economist breaks down the declining cost for 2024’s Thanksgiving meal

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
Economists say geopolitical headlines and concerns surrounding the Strait of Hormuz are driving volatility
A bipartisan Senate delegation recently traveled to China ahead of President Trump’s meeting in Beijing.
Reports say cattle industry groups raised concerns over a proposal that could increase beef imports.
USDA says planting progress remains strong nationwide, though some soybean fields are still slow to emerge.
Trucking industry expert Lewie Pugh joins us to discuss rising diesel costs, challenges facing independent truckers, and the broader impact on agriculture and rural transportation.

LATEST STORIES BY THIS AUTHOR:

JBS says the plant is now operating at full capacity as plant workers return to work.
Rising costs and prices are shifting acreage toward soybeans. Most fertilizer prices are up double digits from this time last year, with Urea seeing the largest gains.
A Nebraska rancher says his land may not support cattle this year after 2,000 acres were burned in recent devastating wildfires across the state.
Brandy Carroll with the Arkansas Farm Bureau shares an update on planting conditions and what producers are facing this season.
Aris Georgiadis with Dairy Management Inc. joined us to discuss the “Dairy Does More” campaign and how it is working to boost demand for dairy.
Farmer John Jenkinson shares the latest on planting conditions in Kansas and what producers are facing this season.