The cost of the traditional Thanksgiving dinner (turkey and all the fixings) is down 4% from last year and is the lowest price in a decade, according to the annual survey by the American Farm Bureau Federation.

The most notable price drop is the turkey, which at roughly $1.21 per pound is the lowest price since 2010. Iowa, ranking seventh in U.S. turkey production, is also home to the turkeys that will travel to our nation’s capital for this year’s ceremonial presidential “turkey pardon.” 

“Iowa’s farm families appreciate the value consumers put on safe, nutritious foods and are proud to provide a wide range of items that grace our holiday tables,” says Sam Funk, Iowa Farm Bureau Federation senior economist.