The Federal Reserve Bank of St. Louis is suggesting soy is a more economically efficient Thanksgiving meal option than turkey.
“A Thanksgiving dinner serving of poultry costs $1.42,” said a tweet about a Federal Reserve economic data blog post. “A soybean-based dinner serving with the same amount of calories costs 66 cents and provides almost twice as much protein,” it said, signaling that soy may even be superior to turkey, pound for pound.
The blog post, at this link, said that the average global price of poultry has been six times higher than the price of soybeans.
“As of the third quarter of 2021, a hearty Thanksgiving dinner serving of turkey costs $1.42. A tofurkey (soybean) dinner serving with the same amount of calories costs $0.66 and provides almost twice as much protein. Keep in mind that this plant-based meal would be almost 3 times larger by weight than the poultry-based meal and may either keep you at the dinner table longer or provide you with more leftovers. Of course, our calculations here don’t include the time value, energy costs, and additional ingredients required to cook the meals,” the blog noted.
