Thanksgiving is less than one week away, and the price for dinner is virtually unchanged from last year.
Indiana Farm Bureau’s annual market basket shows Hoosiers will pay $53.62 to feed ten people — just three cents more than a year ago. Indiana’s cost remains below the national average of $55.18.
Farm Bureau says small increases in produce — like carrots, celery, sweet potatoes, pumpkin pie filling, and peas — pushed the total slightly higher.
But several items are cheaper, including cranberries, stuffing, rolls, milk, whipping cream, and the turkey. Indiana shoppers will pay about $1.32 per pound, or roughly $21 for a 16-pound bird.
Indiana ranks fourth in turkey production, which helps keep prices lower here during the holiday season.
Farm Bureau also notes farmers receive only 16 cents of every food dollar. For this $53 basket, just over eight dollars goes back to the farm, with the rest covering processing, transportation, and retail costs.
