Rising food costs take a bite out of Thanksgiving dinner
Americans are bracing for a costly Thanksgiving this year, with double-digit percent increases in the price of turkey, potatoes, stuffing, canned pumpkin and other staples
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.
“Talk about Thanksgiving being ruined,” joked Culbreth, 27, a financial planner from Knoxville, Tennessee.
Americans are bracing for a costly Thanksgiving this year, with double-digit percent increases in the price of turkey, potatoes, stuffing, canned pumpkin and other staples. The U.S. government estimates food prices will be up 9.5% to 10.5% this year; historically, they've risen only 2% annually.
