Wheat price drop brings notable Thanksgiving savings for Illinois families

Wheat price drop brings notable Thanksgiving savings for Illinois families

Spread the love

(The Center Square) – Illinois families will see some relief at the Thanksgiving table this year, with the average cost of a classic holiday meal dropping to $49.20, continuing a three-year decline and mirroring the national average of $55.18, a 5% drop from 2024.

Tasha Bunting, associate director of commodities and livestock programs at the Illinois Farm Bureau, said multiple factors are pushing costs down across the state.

“We definitely have seen not only here in Illinois but across the nation within the survey that turkey prices have come down,” Bunting said. “Some of the other ingredients that are used within the meal have come down… like the frozen peas and some of the other staples that we normally have within the Thanksgiving dinner.”

Turkey is playing the biggest role in the overall price drop. Illinois’ average price for a 16-pound frozen bird fell to $18.03, down sharply from the historic spikes seen in 2022, driven then by avian influenza.

“Thankfully, turkey houses and our turkey farmers haven’t had quite the impact the layer operations have seen, so they’ve been able to build back some of the supply in cold storage,” said Bunting. “Turkeys take about 14 to 20 weeks to be market ready, so farmers can turn those birds, get them in storage, and start the next group.”

A layers poultry operation focuses on raising hens to produce a high volume of eggs.

American Farm Bureau Foundation reported that, while the wholesale price for fresh turkey is up from 2024, grocery stores are featuring Thanksgiving deals and attempting to draw consumer demand back to turkey, leading to lower retail prices for a holiday bird.

Bunting said biggest drops were in the dinner rolls, the pie crusts, the stuffing mix and the frozen peas

“All but the peas … contained wheat, and so they’re attributing a lot of that cost decrease to the drop in the price of wheat,” said Bunting.

But not every staple is getting cheaper. Sweet potatoes and veggie trays saw some of the steepest increases, driven largely by weather-related disruptions in key growing regions.

“Most production being in North Carolina and the impacts they saw from hurricanes and other natural disasters… just those complicating factors for those farmers,” Bunting said.

The declines offer some relief after the sharp inflationary spikes of 2021 and 2022, though Farm Bureau leaders say families are still feeling the effects.

“Three years of modest declines have not fully erased the impact of those historic increases,” IFB President Brian Duncan said in a statement.

The Farm Bureau’s Thanksgiving cost survey has tracked meal prices since 1986, using the same menu to allow year-to-year comparisons. Illinois volunteer shoppers collected this year’s data during the first week of November.

Events

No events

Leave a Comment





Latest News Stories

Illinois quick hits: Gun ban challengers petition SCOTUS; man sentenced for COVID fraud

Illinois quick hits: Gun ban challengers petition SCOTUS; man sentenced for COVID fraud

By Jim Talamonti | The Center SquareThe Center Square Gun ban challengers petition SCOTUS The Second Amendment Foundation is asking the U.S. Supreme Court to take a challenge to Cook...
WATCH: Trump: Illinois’ 'slob of a governor' should call for help with public safety

WATCH: Trump: Illinois’ ‘slob of a governor’ should call for help with public safety

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker says he has not received communication from the federal government about potential troop...
beecher illinois public library graphic.1

Beecher Library Awarded Over $10,000 in State Per Capita Grant

Article Summary: The Beecher Public Library District will receive $10,013.78 in state funding through the Public Library Per Capita Grant program. The grant, awarded by the Illinois Secretary of State's...
WATCH: Legislator says Illinois’ child welfare agency uses interns, has legal exposure

WATCH: Legislator says Illinois’ child welfare agency uses interns, has legal exposure

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – An Illinois state legislator insists the state’s child welfare agency is violating the law by using interns...
Economic index shows reduced uncertainty, more stability in Midwest

Economic index shows reduced uncertainty, more stability in Midwest

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Federal Reserve Bank of Chicago’s Survey of Economic Conditions Activity Index suggests more stability and less...
New law sparks debate over Illinois school mergers, communities fear loss

New law sparks debate over Illinois school mergers, communities fear loss

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – A new law that could push school districts to study possible consolidation, aiming for efficiency and...
Illinois in Focus: Rest area burglary arrests made; overdose awareness events planned

Illinois in Focus: Rest area burglary arrests made; overdose awareness events planned

By Jim Talamonti | The Center SquareThe Center Square Rest area burglary arrests made Two men have been detained in connection with a reported burglary at the northbound Interstate 57...
Trump-appointed judge blasts administration for campaign against judiciary

Trump-appointed judge blasts administration for campaign against judiciary

By Morgan SweeneyThe Center Square A federal judge dismissed a Justice Department lawsuit against all 15 federal district judges in Maryland Tuesday, emphasizing the extraordinary nature of the case and...
Report: Teachers' unions give millions to progressive causes

Report: Teachers’ unions give millions to progressive causes

By Esther WickhamThe Center Square The two largest U.S. teachers unions have donated over $40 million to progressive organizations and initiatives, a new report found. Since 2022, the American Federation...
Illinois quick hits: Record hotel tax revenues reported; grocer sentenced for SNAP, WIC fraud

Illinois quick hits: Record hotel tax revenues reported; grocer sentenced for SNAP, WIC fraud

By Jim Talamonti | The Center SquareThe Center Square Record hotel tax revenues reported Illinois tourism numbers for 2024 saw an all-time high for hotel tax revenue. The Illinois Department...
Trump goes on attack over digital services taxes, threatens tariffs

Trump goes on attack over digital services taxes, threatens tariffs

By Brett RowlandThe Center Square President Donald Trump broadly attacked other nations' plans for a digital services tax, which he said were designed to harm U.S. companies while giving others...
WATCH: Policy questions loom as Pritzker announces ag investment, tax credits

WATCH: Policy questions loom as Pritzker announces ag investment, tax credits

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says a new fertilizer production facility in Douglas County is a major win for...
Report: Claims that preserving coal plants will cost $6B based on unlikely assumptions

Report: Claims that preserving coal plants will cost $6B based on unlikely assumptions

By Tate MillerThe Center Square A new report released Tuesday by America’s Power challenges environmental organization-sponsored claims circulating that say the Trump administration’s decision to preserve coal power plants will...
Federal officials confirm case of New World screwworm

Federal officials confirm case of New World screwworm

By Brett RowlandThe Center Square Federal officials confirmed a human case of New World screwworm on Tuesday and said the government will be monitoring livestock in response to the threat....
Colorado committed to increasing housing supply

Colorado committed to increasing housing supply

By Elyse ApelThe Center Square Colorado remains committed to building more homes to address the ongoing housing crisis. Gov. Jared Polis, a Democrat, joined state legislators in making that commitment....