(KAIR)--As Thanksgiving approaches, millions of Americans shop for the staples of the Thanksgiving meal; but, with food prices high and food insecurity remaining a concern, how much of a hit the family budget will take may make many anxious.
There is good news, though, as the Wells Fargo Agri-Food Institute reports that while food prices are up for the year, the Thanksgiving dinner may be a little cheaper.
According to it's annual Thanksgiving Food Report, Wells Fargo reports that "even though the cost of food at home measured by the Consumer Price Index is up 2.7% from a year ago, the cost of Wells Fargo’s Thanksgiving menu has fallen by about 2 to 3%, depending on the shopper’s strategy."
The report goes on to say that strategy is based on choices made during the Thanksgiving meal purchase, as an all private-label, or store brand, menu comes in at $80, while an all national-name brand menu will total about $95.
As for the turkey itself, the report says, "America’s turkey producers and retailers coordinate all year to bring many birds to the supermarket for the rush of buying," adding that "estimated retail prices are down 3.7% from a year ago for national brands."
National name brand frozen vegetables are down 15-percent, while traditional side items, such as stuffing, gravy mix, and fresh cranberries all dropped between 3 and 4-percent from last year, according to the report.








