Blackbuck Antelope on Edwards Plateau in Texas. |
With all of that bad news from the drought, we still have an adequate supply of food and fiber in our grocery stores and we are not standing in lines to get a loaf of bread, and yes we are all thankful for that! As we consider the Thanksgiving of 2012, our food costs have remained very reasonable. The retail cost of menu items for a classic Thanksgiving dinner including turkey, stuffing, cranberries, pumpkin pie and all the basic trimmings increased less than 1 percent this year, according to the American Farm Bureau Federation (AFBF).
AFBF’s 27th annual informal price survey of classic items found on the Thanksgiving Day dinner table indicates the average cost of this year’s feast for 10 is $49.48, a 28-cent price increase from last year’s average of $49.20. U.S. consumers spend just 10% of their income on food-the lowest percentage in the world. We all are thankful for that!
Ask most Americans where food comes from and they'll say the grocery store. True, but where did the grocery store get its food? The vast majority of America's food and fiber is grown on farms across the country. With fewer and fewer farmers (farm and ranch families comprise just 2 percent of the U.S. population) standing in between feast and famine, America cannot afford to lose even one working farm. With that said, we should all be thankful for the farmers and ranchers in this country, as today, the average U.S. farmer feeds 155 people. In 1960, a farmer fed just 26 people. Moreover, today’s farmer grows twice as much food as his parents did – using less land, energy, water and fewer emissions.
It is my hope that during this time you are able to spend quality time with family and friends and reflect on the many things you enjoy in life and be thankful for those. Happy Thanksgiving!