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President Donald Trump triumphed this week amid falling grocery prices, as the administration works to address lingering Biden-era affordability issues in the U.S. economy.
According to new data from the American Farm Bureau Federation’s 40th annual Thanksgiving survey, the prices on traditional Thanksgiving fare have dropped significantly since 2023 and 2024, when Joe Biden was in office.
The average cost of a holiday feast for 10 people in 2025, per their data, is $55.18, a 5 percent decrease from 2024 ($58.08).
In 2023, that cost was $61.17, and in 2022, it reached an all-time high of $64.05.
Food items surveyed in the Farm Bureau’s annual data sampling included sweet potatoes, fresh vegetables, pumpkin pie with whipped cream, cranberries, rolls, peas, and stuffing.
Most impressively, the Thanksgiving centerpiece – the much-loved American turkey – has dropped by a whopping 16 percent from last year, at just $1.34 per pound. American consumers may have even noticed that grocery stores across the nation have been offering whole turkeys this year at reduced prices.
“Farmers are still working to rebuild turkey flocks that were devastated by avian influenza, but overall demand has also fallen,” said AFBF Economist Faith Purum in a statement. “The combination will help ensure turkey will remain an affordable option for families celebrating Thanksgiving.”
Some items, like sweet potatoes and fresh vegetables, increased in price, partly due to natural disasters, the bureau noted, citing North Carolina’s 2024 hurricane (North Carolina grows the majority of the nation’s sweet potatoes) and supply chain disruptions in the fresh produce market from a “continued shortage of farmworkers and rapidly increasing farm wages” in the U.S.
Over the past few weeks, the Trump administration has moved to strongly focus on affordability for Americans, and it seems like the president’s desired results on lowering costs are beginning to emerge.
As reported by RSBN, the overall rate of increase in food prices has been significantly slowed, thanks to President Donald Trump’s policies, putting an end to sharp and gouging price spikes.
And, just last week, the president signed an executive order rolling back tariffs on key imports like coffee, tea, cocoa, beef, spices, and some tropical fruit, providing immediate relief for the American consumer.