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November 12, 2012

Cost of Thanksgiving dinner rises 28 cents

(Continued)

CHICAGO —

The cost of a 12-ounce package of pre-cooked rolls rose 3 cents, and miscellaneous items including onions, eggs, sugar, flour and butter to prepare the dinner rose 8 cents. A relish made of celery and carrots was unchanged.

The costs for a half-pint of whipping cream fell 13 cents, the biggest of the declines this year. Prices also fell for a 30-ounce can of pumpkin-pie mix, 14 ounces of stuffing mix, 3 pounds of sweet potatoes, a gallon of whole milk, 12 ounces of fresh cranberries, a pound of frozen green peas and two pie shells.

The informal price survey was first conducted in 1986. A total of 155 volunteer shoppers from 35 states participated in this year's project. The menu for the dinner has remained unchanged since 1986 to allow for consistent price comparisons.

Milk futures on the Chicago Mercantile Exchange have gained 5.3 percent in the past year as high feed costs slowed production. Wheat prices on the Chicago Board of Trade have jumped 37 percent from a year earlier on declining global production.

 

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