As the nation prepares for Thanksgiving, those preparing meals for their families may find themselves spending less money. According to figures recently released by the American Farm Bureau Federation (AFBF), holiday dinners are down by 5% from 2024.

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From The Epoch Times:

The farm group’s 40th annual survey, released on Nov. 19, estimates that feeding a party of 10 with a classic holiday spread will cost $55.18, or about $5.52 per person, down by 5 percent from 2024. Prices remain below the 2022 record of $64.05, although the Farm Bureau noted that several years of elevated food costs have not been entirely erased.

The biggest price break came from the centerpiece of most Thanksgiving tables: the turkey.

A 16-pound frozen bird averaged $21.50, or $1.34 per pound, a 16 percent decline from 2024. AFBF economists said the drop reflects a combination of recovering flocks after avian influenza outbreaks and reduced consumer demand, along with aggressive promotional pricing by grocery chains.

The Times notes that retailers are offering Thanksgiving discounts as well, bringing down prices even further. Walmart’s Thanksgiving basket is down 25% from last year, while Target is offering a full four-person meal for under $20. Meanwhile, both Aldi and Lidl are offering their lowest prices yet, bringing prices down to between $3.60 and $4 per-person.

The Times does note, however, that, while some staples have seen their prices drop, others have seen increases. Sweet potatoes are up by 37% and basic veggie trays are up by 61%. AFBF attributes this to “weather-related supply shocks, production setbacks, and ongoing labor shortages.”

The White House also shared an article discussing Thanksgiving discounts, crediting the lower prices to President Trump’s economic agenda. Let’s thank God for giving us a President who is lowering prices, and let’s continue to come against inflation in prayer!

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(Excerpt from The Epoch Times. Photo Credit: AlexRaths/Getty Images Pro)