“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
The family operation offers farm-raised meats, fresh produce, and an on-site market for visitors.
AEM’s Kip Eideberg joins us to discuss tariff policy changes, their potential impact on agricultural equipment costs, and the outlook for the farm machinery sector.
Texas A&M economist David Anderson says sharp declines in lamb and mutton production are helping support higher prices.
USDA Undersecretary for Trade Luke Lindberg says expanding export demand is creating new opportunities for U.S. ethanol producers.
More than 500 U.S. counties currently face shortages of large animal veterinarians, according to USDA.
The update comes as congressional leaders continue working toward passage of a new Farm Bill.

LATEST STORIES BY THIS AUTHOR:

RealAg Radio host Shaun Haney says producers should continue to watch tariff negotiations, market access, and the possibility of a more transactional trade relationship with China.
RFD News Farm Legal Expert Roger McEowen discussed red flags landowners should watch for during property transactions.
ASFMRA’s Howard Halderman says several economic and policy issues are continuing to influence the farmland market.
Lewis Williamson with HTS Commodities joined us to discuss spring planting progress and the outlook for trade and demand as the season continues.
USMCA review nears a critical stage as the U.S. and Mexico advance talks while Canada risks being left behind, raising concerns across North American agriculture trade.
Sen. Jerry Moran of Kansas joins us to discuss the Food for Peace program’s Kansas roots, its place in the Farm Bill, and the importance of the USDA’s visit to the state.