I'm Taylor Riggs and this is the Fox Business Rundown.

Monday, November 24th, 2025.

Families have something to be thankful for this week as their holiday feast will be cheaper.

So the price of wheat is just very low right now and that's translating to a decrease in dinner rolls, pie crust, and sucking. And then we also see a decrease in the cranberry price. The last year had like a very high cranberry price. And so this is more just a return to normal. Good news on the affordability front, as your Thanksgiving dinner will cost you less this year.

Your wallets will be stuffed with more cash as the price of turkeys and other key ingredients have seen a decline in price.

That means you and loved ones can gobble down a delicious meal and have a little extra money for those Black Friday deals.

So what's changed and what does that mean for your Christmas ham and your grocery bills in

26? Dr. Faith Parham is an economist at the American Farm Bureau Federation, and I'm so

pleased to say that she joins me now. Faith, thank you so much. I'm so

curious about this survey because this is the 40th year that the American Farm Bureau Federation

has put out this Thanksgiving dinner survey. What did you learn from this snapshot? This year, a classic

holiday meal for 10 people is about $55.18 or that's roughly $5.20 a person.

And this is 5% less than last year and is our third straight year of declines.

Okay. Now, talk to me about that because I'm reading in this survey that in 2020, there's a record high cost of over $64. So while you say that it's this year

about $55, that certainly is reprieve for families, it still feels really close to that

record high. What are you hearing from customers and clients about really this key idea

of affordability and, you know, just sort of how that's impacting people at home? Yeah, so we know that

food prices and inflation and the cost of living is something all Americans are consistently thinking

about. And, you know, that's something

we've heard as well. And we know, you know, in rural America, our farmers and ranchers are buying

the same products at the same grocery stores as everyone else. And so they are also, you know,

very cognizant of what the price of food is and, you know, all of those thoughts going into it. And so while we look at this

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