BELOW SUPERNAV drop zone ⇩

Americans cut back as meat prices rise ahead of the holidays

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

ovp test

mLife Diagnostics LLC: Oral Fluid Drug Testing

Male shot by female at Shreveport apartment

Class to create biodiverse backyard

Rules for outbursts at Caddo School Board Meeting

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

This is the total amount you're borrowing from the bank.
This is the yearly interest rate on your loan.
This is how long you'll take to repay the loan.
This is the yearly tax you pay on your property.
This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

AUTO TEST CUSTOM HTML 20241114185800

AUTO TEST CUSTOM HTML 20241115200405

AUTO TEST CUSTOM HTML 20241118165728

AUTO TEST CUSTOM HTML 20241118184948

(NewsNation Now) — The price of meat is up across the board since a year ago, and Americans are cutting back on holiday entrees because of the rising costs.

Beef and pork prices jumped 6.5% to 7,5% and poultry prices are up 3.5% to 4.5%, according to the United States Department of Agriculture.

The latest consumer price index shows the price of wholesale beef climbed 14% in price from July to August, with more increases projected by the end of the year.

“Beef has definitely gone up the most,” Frank Giardina, butcher at Devon Avenue Meats in Chicago said during an appearance on “Morning in America”. “We’ve definitely seen more people buy poultry over beef, just to compensate for getting more for your money.”

“Although when people do buy beef, they do understand they’re getting something better and they want to definitely know what they’re getting is a good quality,” he said.

Fresh turkey is averaging $1.44 per pound and frozen turkeys are averaging $1.35 per pound, but the supply of turkey is down 6% from this same time last year.

At the heart of the problem are the same logistical challenges facing many industries as the world recovers from the pandemic. Labor shortages abound, supply is unable to meet demand and even getting products from place to place is a challenge.

If you are going the traditional route and still want some turkey on the plate for your holiday dinner, Giardina says consider purchasing a turkey breast or another smaller, cheaper option.

“A lot of people switch gears and go straight to a capon, you know go to a larger chicken that’s going to feed four or five or six people,” Giardina said.

Watch the full interview below for more tips on keeping the cost of your holiday meal down:

Your Money

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

AUTO TEST CUSTOM HTML 20241119133138

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Fog

la

51°F Fog Feels like 51°
Wind
3 mph NNE
Humidity
89%
Sunrise
Sunset

Tonight

Cloudy skies. Low 51F. Winds light and variable.
51°F Cloudy skies. Low 51F. Winds light and variable.
Wind
2 mph SW
Precip
24%
Sunset
Moon Phase
Waning Crescent