AFBF: Thanksgiving Dinner Costs Rise 14%

Agriculture

I’m Clinton Griffiths with today’s AgDay Minute.

John Deere union employees will soon be back on the assembly lines. That’s after UAW members voted to approve a new contract with the company. It’s reported that 61-percent of union members approve of the deal. The six-year agreement includes an 84-hundred dollar signing bonus and a 20-percent increase in wages over the lifetime of the contract, with 10-percent coming this year. The agreement was the third contract offer from the company since the strike started on October 14th. The contract covers more than 10-thousand Deere workers at 12-facilities.

The American Farm Bureau Federation is out with its 36th annual Thanksgiving dinner cost survey. It predicts the cost of the feast this year will rise 14-percent from last year. It also says a meal for 10-people will average 53-dollars and 31-cents. That’s less than 6-dollars per person. The centerpiece, the turkey, costs more than last year at almost 24-dollars for a 16-pound bird. They say several factors are contributing to the overall price increase of the meal, including supply chain issues, and inflation.

McDonald’s is celebrating its egg McMuffin turning 50 years old. The sandwich has been on McDonald’s national menu since 1975. To celebrate, McDonald’s briefly sold the breakfast item for 63-cents, which was its original price when it first debuted in 1971.

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