Families Pay More, Farmers Earn Less: NFU Report Shows Farmers’ Shrinking Share of Thanksgiving Food Costs

Low farmer shares reflect deep consolidation across the food chain, keeping producer returns thin even as retail food prices remain high.

WASHINGTON, D.C. (RFD-TV) — Farmers are receiving only pennies of each dollar consumers spend on traditional Thanksgiving foods, according to the National Farmers Union (NFU_ annual report, “Farmer’s Share of the Food Dollar.” Despite elevated grocery prices, the share going back to the people who grow and raise the food remains strikingly low. NFU says decades of consolidation in food processing, transportation, retail, and input markets have left family farmers with little leverage, while consumers continue facing high prices with few competitive alternatives.

The 2025 figures reveal wide disparities between retail prices and the prices farmers ultimately receive. Turkey producers receive just six cents per pound on a $2.49 retail price — barely 2.4% of the consumer dollar. Producers earn 1.3% of the value of boxed stuffing, 2% of dinner rolls, and just 10% of pumpkin puree.

Even where farmers capture a larger share — such as cranberries at nearly 32% or green beans at 25% — the absolute returns remain small. NFU argues these gaps illustrate how corporate control throughout the supply chain erodes both farmer profitability and consumer affordability.

The organization’s Fairness for Farmers campaign continues calling for stronger antitrust enforcement, greater transparency, and more competitive markets. NFU President Rob Larew says fixing the structural imbalance benefits everyone: fair prices for farmers and lower prices for families at the grocery store.

Farm-Level Takeaway: Low farmer shares reflect deep consolidation across the food chain, keeping producer returns thin even as retail food prices remain high.
Tony St. James, RFD-TV Markets Specialist

Related Stories
Several counties are reviewing disaster declarations. Crop insurance may help growers cover some costs.
With U.S. cattle supplies already tight, drought response remains a long-term supply issue.
Shrinking Select beef supplies are continuing to reshape cattle pricing and beef demand trends.
ASFMRA’s Howard Halderman says several economic and policy issues are continuing to influence the farmland market.

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

Corn exports remained active the week of May 7, but weak soybean, cotton, and sorghum sales kept attention on China and late-year demand.
Conservation programs may work better when they recognize yield risk and cash-flow pressure during adoption.
Cotton growers can use the survey to compare nutrient, herbicide, and pest-management practices against national production benchmarks.
Higher food costs are showing up beyond the grocery aisle, with some major restaurant chains shrinking their U.S. footprint.
Drought and Planting Shape Weekly State Agriculture Recap
Jenna Stanton with the United States Cattlemen’s Association joins us to discuss beef import concerns, cattle market signals, and the latest developments surrounding U.S. beef trade.
Agriculture Shows
Hosted by Scott “The Cow Guy” Shellady and RFD News Markets Specialist Tony St. James, Commodity Talk delivers expert insight into the day’s ag commodity markets just before the CME opens. Only on RFD-TV and Rural Radio SiriusXM Channel 147.
A look at the news, weather and commodities headlines that drove agriculture markets in the past week.
Everything profits from prairie. Soil, air, water — and all kinds of life! Learn how you can improve your land with prairie restoration, cover crops and prairie strips, while growing your bottom line.
From soil to harvest. Top Crop is an all-new series about four of the best farmers in the world—Dan Luepkes, of Oregan, Illinois; Cory Atley, of Cedarville, Ohio; Shelby Fite, of Jackson Center, Ohio; Russell Hedrick, of Hickory, North Carolina—reveals what it takes for them to make a profitable crop. It all starts with good soil, patience, and a strong planter setup.