Time to pardon the Thanksgiving turkey? Supply chain crisis sees price of popular bird rocket by 27% in a year, with pumpkin pie, potatoes and grapes also soaring in price
- Shoppers can expect to pay 27% more for a Thanksgiving turkey this year as supply train troubles cause food prices to rise across the spectrum
- Consuming a healthy desert such as green seedless grapes will be 20% more expensive, jumping from $1.96 per pound last year to $2.34 today
- An industry insider said grocers ‘are doing everything possible to avoid passing inflationary production costs onto shoppers’ but run on slim profit margins
- Worldwide food prices reached the highest levels in a decade last month
This year’s Thanksgiving feast is biting back as the ongoing supply chain crisis causes some holiday favorites to balloon in price, with turkeys now 27 per cent more expensive.
Nearly every dinnertime staple – from the popular roasting bird to pumpkins – have jumped in price year-over-year, leaving consumers with a heftier tab.
The price of a frozen 15-pound turkey will cost around $21.50 this year, up 27% from last year’s $16.95 price tag.
A three-pound bag of Russet potatoes cost $1.12 last week, a 13% year-over-year spike from the previous $0.99 cost, according to the US Department of Agriculture (USDA).
Other Thanksgiving standbys – including bread, beverages, carrots and more – are also more expensive ahead of the November 25 holiday.
The supply chain crisis has driven up prices across the spectrum, as port backlogs slow deliveries, labor shortages drive up wages, and demand for food rises.
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