Expect Pricier Holiday Treats This Year
This year’s drought is promising to make many of those favorite holiday treats a little bit pricier. According to pricing data compiled by the Dining Alliance, the prices of apples are up 20% to 30% compared to a year ago, thanks to a diminished harvest. Turkeys, meanwhile, are expected to be 5% to 10% higher than a year ago, while stuffing will be up 3% to 5%. One bright spot: Pumpkin prices aren’t expected to go up at all as they appear to be fairly drought resistant. Furthermore, it isn’t just fresh foods that are impacted. Candy corn and many other types of candy are up 3%, in part because of more expensive corn oil used in manufacturing.
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