Sunday , November 30 2025

Prices increase as Americans prepare for Thanksgiving

28-11-2025

WASHINGTON/ NEW DELHI: It’s a Thanksgiving tradition for many families in the United States: heading to retailers like Walmart to stock up on cranberries, sweet potatoes and la piece de resistance, a cult classic, the Butterball turkey but this year, Walmart’s annual Thanksgiving meal kit has become a flashpoint over questions of inflation and economic stability under US President Donald Trump

The Trump administration has pointed to the cost of the Walmart kit as a sign that its economic policies are taming inflation but experts say the story is more complicated than what packages of stuffing and tinned pumpkin can tell.

The retailer is advertising a lower price this year at $4 per person for 10 people compared with $7 per person for 8 people in 2024, a talking point the White House has embraced.

On Friday, Trump once again pointed that out: “We’ve got [prices] way down from last year,” Trump said while speaking to reporters in the Oval Office. “Walmart said that Thanksgiving this year is exactly 25 percent less than last year” but the Bentonville, Arkansas–based retailer’s offer comes with caveats. The kit contains fewer items, 20 compared with 29 last year and uses more generic products rather than name brands, a switch that typically lowers costs.

Companies like Walmart, Amazon and Kroger that offer Thanksgiving meal kits can shape what goes into their bundles and choose to absorb costs but official data actually suggests that prices are going up. The US Department of Agriculture (USDA) forecasts suggest turkey prices will be about 40 percent higher than this time last year, largely because of supply shortages tied to avian flu.

Data, however, on the price of turkey has varied depending on where you look. The American Farm Bureau estimates that the cost of turkey will be 16 percent less than this time last year but, researchers at Purdue University found that the price will be up 25 percent compared with this time last year.

Prices for other staples have also risen potatoes by 3.7 percent, rolls by 3.9 percent and apples by 5.3 percent, all outpacing the 3 percent annual inflation rate, government data show.

New analysis from Groundwork Collaborative, The Century Foundation, and AFT found that another Thanksgiving staple, cranberry sauce, is up by 22 percent from this time last year.

CPI data shows wine prices declining due to domestic production, but imported European bottles face 15 percent increase.

Amid tariff-related uncertainty, rising wholesale costs, limited economic data and concerns over future social safety net programs, Americans have grown more cautious in their spending. Consumer confidence continues to fall hitting its lowest level since April in its most recent reading published on Tuesday.

Why are prices up?

For poultry, the surge has little to do with economic policy. An ongoing strain of avian flu is limiting the supply of turkeys, with more than 2.2 million birds affected so far in 2025 and more than 600,000 confirmed infections in September. Even when only a single bird tests positive, farmers must slaughter the entire flock to contain the spread, further reducing supply.

“The current global H5N1 panzootic is the largest, most geographically widespread outbreak of avian flu ever recorded. The virus has affected more countries, more wild species, and more continents simultaneously than any previous avian influenza event,” Crystal Heath, the executive director of Our Honor, a veterinary advocacy organization, told media.

“The virus started spreading through commercial poultry operations in the United States in February 2022,” Heath said. (Int’l News Desk)

Check Also

General named new Guinea-Bissau leader a day after coup

30-11-2025 BISSAU: An army general has been sworn in as Guinea-Bissau’s new head of state …