UPDATED: Friday, January 18, 2013 - 10:35am
Waco, Tx — Did you find that you saved a couple bucks on Thanksgiving this year?
That’s because the price of traditional holiday dinner costs less, as compared to last year. A traditional, Texas-style Thanksgiving dinner for 10 costs $46.08 this year, marking more than a 5 percent savings over last year, according to the special Texas Farm Bureau 2012 Thanksgiving Meal Report.
“Everybody is happy to have a little bit of extra money at the holidays, especially as Christmas and the end of the year come up. It’s always nice to have a little bit of extra change in your pocket, and we’re all grateful for that,” said Amanda Hill, Associate Director of the Texas Farm Bureau.
The 2012 report shows a decrease of $2.61, or 5.36 percent, from the 2011 TFB Thanksgiving Meal Report. The survey records the cost of 10 holiday staples, including turkey, stuffing, sweet potatoes, cranberry sauce and pecan pie to feed a family of 10 people.
“Thanksgiving is a special time for us to gather around the table, enjoy the company of our family and friends, and reflect on the things for which we are grateful,” said TFB President Kenneth Dierschke. “Texans are sensitive to prices at the grocery store, especially as we prepare large holiday meals. We give thanks for the farmers who ensure Texans can serve their families a well-balanced meal at an affordable cost.”
This is the second consecutive year for an increase in pecan prices, as shelled and halved nuts were up 18 percent from 2010 to 2011 and up 4.4 percent from 2011 to 2012. Higher pecan prices mean a more expensive pecan pie, which is a Texas tradition, rounding out Thanksgiving dinner.
Texans pay less for six of the Thanksgiving staples this year: frozen young tom turkey (down 8.66 percent); fresh sweet potatoes (down 12.9 percent); canned cranberry sauce (down 2.31 percent); herb seasoning cubed stuffing (down 5.96 percent); brown and serve rolls, 12 per package (down 26.75 percent); and 9-inch frozen pie shells (down 9.70 percent).
In addition to pecans, three other survey items increased in price: frozen green beans (up 5.63 percent); whipping cream (up 3.75 percent); and gallon whole milk (up 0.52 percent).
TFB’s fourth quarter Grocery Price Watch survey, taken in conjunction with the 2012 Thanksgiving Meal Report, also indicated a 2 percent decrease in grocery prices for household staples from the third quarter. Results from the quarterly survey of 16 common food products dropped from $44.91 in the third quarter to $44.02 in the fourth quarter of this year.