Mielke Market Weekly: Milk production "gush" continues on U.S. farms

There was lots of talk about “affordability” as Thanksgiving approached. Various polls indicate consumers are not happy and are blaming the president. But the American Farm Bureau Federation’s annual cost survey says otherwise.

“Cooking a Thanksgiving dinner for your friends and family will cost less than last year, marking the third straight year of price declines,” AFBF stated in its 40th annual Thanksgiving dinner survey. The average cost of staples that make up a classic holiday feast for 10 is $55.18, or about $5.52 per person, according to AFBF, down 5% from 2024, but “Three years of declines don’t fully erase dramatic increases that led to a record-high cost of $64.05 in 2022.”

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By Lee Mielke

Dec 8, 2025

thelandonline.com