Corrine Alexander

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How much can shoppers expect to spend on the traditional Thanksgiving dinner this year?

Purdue University agricultural economist Corrine Alexander says overall, there has been a less-than-one percent increase in grocery prices over last year. She attributes the slight increase to ample grain inventories and an expansion in livestock production.

Tim Sackton / https://www.flickr.com/photos/sackton/

Be prepared to spend more on that Thanksgiving turkey this year.

Wholesale prices of turkeys are expected to be 8-10 percent higher than last year--the result of higher feed costs following the drought of 2012.

Purdue University agricultural economist Corrine Alexander says the actual price you pay will vary depending on whether you purchase whole or turkey parts; frozen or fresh birds; fresh, precooked or complete turkey meals.