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.

Leave a Comment





Latest News Stories

Second nationwide ‘No Kings Day’ protest set for Saturday

Second nationwide ‘No Kings Day’ protest set for Saturday

By Morgan SweeneyThe Center Square In thousands of locations across the country and even some across the world, millions are expected to gather in protest of what they see as...
Trump, Patel tout 'historic' crime crackdown

Trump, Patel tout ‘historic’ crime crackdown

By Sarah Roderick-FitchThe Center Square The FBI has overseen the arrests of nearly 8,700 violent criminals as part of Operation Summer Heat, President Donald Trump and FBI Kash Patel said...
Illinois quick hits: Business optimism index declines; Medicare open enrollment help offered

Illinois quick hits: Business optimism index declines; Medicare open enrollment help offered

By Jim Talamonti | The Center SquareThe Center Square Business optimism index declines The NFIB Small Business Optimism Index declined 2.0 points in September to 98.8, which remains just above...
WATCH: California seeks investigation into big tech merger

WATCH: California seeks investigation into big tech merger

By Madeline ShannonThe Center Square California Attorney General Rob Bonta said Wednesday he was joining 12 other Democratic state attorneys general in intervening in a $14 billion merger between rival...

WATCH: IL legislator blames Pritzker, Johnson rhetoric for ‘bounties’ on ICE

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Federal law enforcement agents in Chicago conducting immigration enforcement are the targets of bounties from Mexican cartels,...
Voters concerned about prices amid tariff rollout, upcoming midterms

Voters concerned about prices amid tariff rollout, upcoming midterms

By Brett RowlandThe Center Square As President Donald Trump's tariffs go into force and midterm elections come into focus, voters are more concerned about how much things cost than about...
Supreme Court won't let lawmaker intervene in tariff challenge

Supreme Court won’t let lawmaker intervene in tariff challenge

By Brett RowlandThe Center Square The U.S. Supreme Court denied a move from a Montana lawmaker seeking to intervene as the high court takes up a challenge to President Donald...

WATCH: Lawmakers differ on ‘affordability issues’ plaguing Illinois

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois House Speaker Emanuel “Chris” Welch says state lawmakers need to address the state’s affordability issues, but...
Senate GOP leaders switch tactics as govt funding bill fails for 9th time

Senate GOP leaders switch tactics as govt funding bill fails for 9th time

By Thérèse BoudreauxThe Center Square As Democrats in the Senate repeatedly tank Republicans’ bill to reopen and extend funding for the federal government, Senate Majority Leader John Thune, R-S.D., is...
Federal judge blocks Trump from firing employees during shutdown

Federal judge blocks Trump from firing employees during shutdown

By Andrew RiceThe Center Square A federal judge temporarily blocked the Trump administration from firing employees during the partial government shutdown. U.S. District Judge Susan Illston, who is based in...
Colorado to receive $56.5 million for EV chargers

Colorado to receive $56.5 million for EV chargers

By Elyse ApelThe Center Square Colorado has officially secured nearly $60 million in federal funding for electric vehicle chargers. The funding is part of the National Electric Vehicle Infrastructure Grant...

WATCH: Illinois transit agencies face ‘trust cliff’ along with fiscal cliff

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – State lawmakers are questioning transit agency leaders over their revised fiscal cliff numbers and spending of operational...
Illinois quick hits: Stallantis to invest in four states; DHS: Bounties put on ICE

Illinois quick hits: Stallantis to invest in four states; DHS: Bounties put on ICE

By Jim Talamonti | The Center SquareThe Center Square Stallantis to invest in four states Stellantis has announced plans to expand its U.S. production by 50% with investments in Illinois,...
WATCH: DHS: cartel placing bounties on agents; prison mail scanned; House floor politics

WATCH: DHS: cartel placing bounties on agents; prison mail scanned; House floor politics

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – In today's edition of Illinois in Focus Daily, The Center Square Editor Greg Bishop shares the latest...
Competition ‘evisceration’: SCOTUS asked to forever end Realtors’ ‘optional’ rules

Competition ‘evisceration’: SCOTUS asked to forever end Realtors’ ‘optional’ rules

By Jonathan Bilyk | Legal NewslineThe Center Square Amid a series of changes in the home selling business that have been called nothing short of seismic, the country's largest real...