International

In US, inflation sparks tough Thanksgiving meal sacrifices

Photo: Kena Betancur / AFP

| By AFP | Thomas Urbain |

Sandra White normally has turkey for Thanksgiving dinner. But on Thursday, due to soaring inflation, she’s going to have fried chicken instead.

“It’s too expensive, too expensive,” the 70-year-old White, a resident of East Harlem, says of the traditional holiday bird.

She asked her guests to bring other parts of the meal.

It’s the same story for fellow shopper Yeisha Swan, but she got lucky: one of her loved ones bought the family fowl, and she was able to cut costs on the side dishes, which for many are just as important as the main course.

20260224_estafa_mh_728x90

“This is way less than what I would buy. I couldn’t get my ham…. I’m using canned collard greens. It’s different,” Swan, 42, tells AFP outside a New York supermarket.

Inflation is red-hot in the United States, reaching the highest levels in decades this year. And while some prices have eased in recent months, consumers say they are straining to handle their grocery bills — a tough blow at the holidays.

Compounding that problem is a bird flu outbreak that forced the culling of about 50 million poultry, including eight million turkeys, according to calculations based on US Department of Agriculture data.

Turkey costs 21 percent more in the United States than it did last year, according to the American Farm Bureau.

‘Had to really cut back’

The turkey is not the only component of a classic Thanksgiving meal that is more pricey. A Farm Bureau survey showed that cubed stuffing mix was 69 percent more expensive as compared with last year.

20260224_estafa_mh_728x90

The only must-have with a price drop? Cranberries.

An average meal for 10 this year — including turkey, stuffing, peas, sweet potatoes, cranberries, carrots, rolls and pumpkin pie — will cost $64.05, or 20 percent more than in 2021, the Farm Bureau said.

“I just had to really cut back…. We used to have a party and we couldn’t do that for Thanksgiving,” says chef Jose Rodriguez. Instead of an open house for all of his loved ones, he will eat with his wife and their two dogs.

Although turkey prices have jumped, demand has not completely collapsed.

At Wendel’s Poultry Farm near Buffalo, New York — which emerged unscathed from the bird flu crisis — all 1,100 Thanksgiving turkeys were sold out. Customers can already place an order for a Christmas bird.

20260224_estafa_mh_728x90

In order to make up for increasing costs of raw materials, Wendel’s hiked its prices by 22 percent, explains manager Cami Wendel.

Retail giant Walmart went in the opposite direction, offering its Thanksgiving basket, including a turkey, for the same price as last year. Its low prices have allowed it to make inroads in the grocery market since inflation took off.

Related Topics:Inflation Thanksgiving us

Up Next

Walmart employee kills six in US mass shooting

Don't Miss

Bacterial infections the ‘second leading cause of death worldwide’

20260224_estafa_mh_300x250

International

US panel backs Trump-themed coin amid controversy

The United States Department of the Treasury confirmed to AFP that the Commission of Fine Arts approved the design of a new collectible coin featuring Donald Trump, with members of the commission appointed by the current administration.

According to the proposal, the coin will feature an image of Trump standing with clenched fists over a desk on the obverse, while the reverse will display an eagle, a traditional symbol of the United States.

The sale price of the collectible has not yet been disclosed, although the United States Mint typically offers similar items for more than $1,000.

“There is no more iconic portrait for the front of these coins than that of our president Donald Trump,” U.S. Treasurer Brandon Beach said in a statement sent to AFP. He added that two additional coins — a $1 piece and a one-ounce gold coin — are also under consideration.

However, the Citizens Coinage Advisory Committee (CCAC), another body responsible for reviewing new coin proposals, declined to discuss the Trump design in late February.

20260224_estafa_mh_728x90

“Only nations governed by kings or dictators place the image of a sitting leader on their currency,” said Donald Scarinciat the time. “No country in the world has minted coins featuring a democratically elected leader during their term in office,” he added.

When contacted by AFP, the Treasury Department did not immediately respond to requests for further comment.

International

Fed’s Waller warns of rising inflation risks amid Middle East conflict

Christopher Waller, a governor at the Federal Reserve, said Friday that he is increasingly concerned about the inflationary impact of the ongoing conflict involving United States and Israel against Iran, particularly due to the prolonged closure of the Strait of Hormuz.

Waller, who had supported interest rate cuts over the past year amid concerns about the labor market, said he has shifted his stance in recent weeks due to rising inflation risks.

“Since the Strait of Hormuz was closed, it suggests this conflict could be much more prolonged and that oil prices will remain elevated for longer,” Waller said in an interview with CNBC.

“Therefore, this indicates that inflation is a greater concern than I had previously assessed,” he added.

Waller also backed the Federal Reserve’s decision earlier this week to keep interest rates unchanged, signaling a more cautious approach as global geopolitical tensions continue to affect economic outlooks.

20260224_estafa_mh_728x90

International

Brazil offers to mediate Colombia-Ecuador tensions, calls for restraint

The government of Brazil has offered to mediate in the ongoing tensions between Colombia and Ecuador, while calling on both nations to exercise restraint.

In a statement released Wednesday, Brazil’s Ministry of Foreign Affairs urged the parties involved to act with moderation and seek a peaceful resolution to the dispute.

“Brazil encourages all sides to act with moderation in order to find a peaceful solution to the controversy. It stands ready to support dialogue efforts aimed at preserving peace and security in the region,” the statement said.

Brazil also expressed “serious concern” over reports of deaths in the border area between Colombia and Ecuador, noting that the circumstances surrounding the incidents have not yet been clarified.

The diplomatic move comes amid rising tensions between the neighboring countries, increasing regional concern over stability and security along their shared border.