Guest Post by Martin Armstrong
Expect to pay at least 14% more for this year’s Thanksgiving festivities, according to the American Farm Bureau. The bureau estimates that a feast for ten will cost $53.31 this year, and I would personally like to know what grocery store has such low prices; the estimate seems drastically low. The US Department of Agriculture noted that wholesale prices of 8-16 lb frozen turkeys are up 21% from November 2020. Pumpkin prices have risen 5% due to droughts in California and heavy rains leading to fungal infestations in Illinois.
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