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As families across America prepare for the Thanksgiving holiday, new insights from The Michigan Farm Bureau reveal a positive trend for those budgeting for their festive dinner. This year, the average cost to feed a party of ten is projected to be $55.18, which represents a decrease of $3 compared to last year’s costs. Remarkably, this figure is also down by $6 from 2023, even amidst a backdrop of rising grocery prices.
Theresa Sisung from the Michigan Farm Bureau joined Local 4 Live to discuss the reasons behind this decline in Thanksgiving dinner costs. “Despite the overall increase in grocery prices, we’ve seen some stabilization in costs for traditional Thanksgiving staples,” Sisung explained. The report highlighted that factors such as improved supply chain efficiency and favorable crop yields have contributed to the decreased prices.
With the ongoing economic challenges many families face, this news comes as a relief, allowing more households to enjoy a hearty meal with their loved ones. The Michigan Farm Bureau emphasizes that while certain items may still experience price fluctuations, the essential components of a Thanksgiving feast are more accessible this year.
Consumers can expect to enjoy classic dishes like turkey, stuffing, and cranberry sauce without the burden of a hefty price tag. This year’s Thanksgiving dinner not only represents a moment for gratefulness and family bonding but also stands out as a testament to the resilience of local agriculture.
For more information and a detailed cost comparison, be sure to check out the full segment on Local 4 Live, where Sisung provides further insights.
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