Thanksgiving dinner will cost more this year. A study by the American Farm Bureau Federation shows the average price tag for a Thanksgiving meal for ten people is $53.31—up 14 percent from last year. Turkey now costs $1.50 per pound, that’s up 24 percent from last year’s survey, making it the highest priced item in the survey. Iowa Farm Bureau Senior Economist Dr. Sam Funk says many of the price increases are due to transportation and supply chain bottlenecks. Also, farmers raised four percent fewer turkeys than last year.