Why Thanksgiving Dinner Will Cost Less

The video discusses the economic factors affecting Thanksgiving dinner costs, focusing on turkey and ham prices. Turkey prices are high due to reduced livestock and commodity inflation, while ham prices have doubled due to a pig disease and oversized hogs. Retailers are using strategies like discounts to manage these costs. The video provides insights into the interplay between commodity markets and consumer prices.

What is the main reason for the increase in turkey prices this year?

• Increased demand for turkeys

• New government regulations

• Reduction in turkey herds by farmers

• Higher transportation costs

How have grocers responded to the rising costs of turkeys?

• By increasing the price for consumers

• By absorbing the higher costs

• By reducing the quality of turkeys

• By importing cheaper turkeys

Which commodities have seen a price increase affecting Thanksgiving meals?

• Sugar and coffee

• Barley and oats

• Corn and soybeans

• Rice and wheat

What unusual factor has contributed to the high price of ham this year?

• Hogs being too fat

• New farming techniques

• Increased export demand

• A shortage of pigs

Why are traditional-sized hams scarce this year?

• Hogs being too fat for standard sizes

• Changes in holiday traditions

• New dietary trends

• Increased consumer demand