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The best part of the holiday season is the food — at least it used to be. As grocery prices skyrocket, many Americans are concerned about serving a Thanksgiving-worthy dinner in two days. Those worries were assuaged a little when the American Farm Bureau Federation’s annual survey revealed that the cost of cooking a traditional Thanksgiving dinner has gone down about 5 percent compared to last year.
However, while the prices of the turkey, stuffing, dinner rolls and frozen pie crust are down Thanksgiving, produce favorites have increased. Perhaps the biggest produce staple, the cost of sweet potatoes is up 37 percent (for three pounds).
The increase in sweet potato prices is mostly weather-related as in October hurricanes — Humberto and Imelda — negatively affected crops in North Carolina. In Mississippi, growers went more than 70 days without rain, which resulted in lower yields. Along with sweet potatoes, the cost of a one-pound veggie tray comprising carrots and celery increased even more than sweet potatoes (up 61 percent). A 12-ounce bag of fresh cranberries was down 2.8 percent versus last year.
According to a recent report from the USDA, there were significant increases in prices for a three-pound bag of yellow onions, (up 12 percent for a three-pound bag) and pineapples (up 11 percent each). There were decreases for Russet potatoes (down 11 percent for a 10-pound bag), Bartlett pears (22 percent per pound) and red seedless grapes (13 percent per pound).
In addition to the weather-related issues, the AFBF suggests that the increased produce prices can be traced back to elevated expenses for fertilizer, fuel, machinery, labor and land, which tightens already narrow margins and limits production capacity. Transportation delays in certain areas also play a part, according to AFBF.