INDIANA — As the calendar flips to November, eyes turn to the holiday season.
As our eyes turn to the holidays, our wallets prepare to get a workout — and this year they'll be working harder than ever.
The American Farm Bureau Federation says the cost of turkey is actually at an all-time high this year.
They say the retail price for fresh boneless, skinless turkey breast reached a record high of $6.70 per pound in September.
That's 112% higher than the same time last year when prices were $3.16 per pound, the American Farm Bureau Federation says.
"People don't realize they get boxed, then they get shipped, then they get stored, so all of those variables cost a little bit and this year they all cost a little bit more," Joseph Dugdale said.
Dugdale is one of the owners of Kincaid's Meat Market.
He said people are already ordering turkeys this year.
On top of inflation, Turkey farmers are also dealing with bird flu.
At the same time, Christmas tree farmers are being impacted by inflation.
Milt Yakey, the owner of Yakey Tree Farm, said the cost of most things on the farm has risen this year.
However, Yakey said he is going to try and eat the cost so he can keep prices down for his customer.s
"I don't know that I am going to go up this year," Yakey said. "I just think that I am going to stay where I was. I don't really care about cost, I just like growing trees. That's just the way it is. As long as I don't lose money."
Yakey has also been dealing with a lack of rain.
He said he has lost more trees than in years before, which is forcing him to bring trees in from elsewhere to sell.
Their advice is to plan and don't procrastinate when it comes to your holiday traditions.
Yakey also says you can buy a Christmas tree, with roots, so you can have it in your house for Christmas then plant it outside.
-
'It transports you': Local businesses await Nickel Plate Trail completion
Local businesses located around the Nickel Plate Trail are sharing their excitement about the new green space as it nears the end of construction.Community leaders launch plan to transform Far East Side’s future
Community leaders on the Far East Side of Indianapolis are developing a long-term quality of life plan aimed at reshaping the neighborhood’s narrative and expanding opportunities for residents.'We can't take it anymore': Braun appoints new utility consumer commissioner
Abby Gray will lead the office, which Braun says will work to evaluate utilities' profits and help implement cost-saving measures to reduce the burden on Indiana ratepayers.Will Power leaves Team Penske after 17 years to join Andretti Global
Will Power needed just one day to close the door on his 17-year career with Team Penske with the announcement Wednesday that he will replace Colton Herta at Andretti Global next season.