Rural voters went for the president-elect by a two-to-one margin on Election Day, helped by his promises to make the last 50 years not have happened. Unfortunately, that Kenyan agitator is still president, and things are still getting worse for them.
A long stretch of food-price deflation has financially crimped farmers and ranchers, while benefiting consumers who are enjoying big savings at supermarkets this year. In last week’s report on consumer prices, the Labor Department found food costs at supermarkets fell 2.3% in October, the sixth straight monthly decline and the biggest drop since 2009.
If you are reading this, however, you’re probably not a farmer or rancher, which makes the above good news: You’ll be saving almost a whole shiny quarter this year as compared to last.
The Farm Bureau, which surveyed 148 volunteer shoppers across 40 states, followed prices for a range of typical Thanksgiving items including sweet potatoes, bread stuffing and cranberries. It found turkey was one of the biggest contributors to the overall price savings. A 16-pound bird cost roughly $22.74 this year, down 1.3% from a year ago. Prices of milk, pumpkin pie, and a veggie tray of celery and carrots also fell.