Baking Thanksgiving pies may be significantly more expensive this year. Margarine, flour, and cold bakery products have led food price increases over the past 12 months.
Mario Tama / Getty Images fileappears poised to gobble up this year's Thanksgiving budgets, as U.S. food prices continue to soar.
While the collective category of meats, poultry, fish and eggs rose by 9% compared to September 2021, the price of eggs by itself is up 31% year over year. Turkey prices have seen a particularly acute impact from inflation and a bird flu outbreak. In September, the American Farm Bureau Federation announced that"families can expect to pay record high prices at the grocery store for turkey."
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