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
High milk production and soft retail demand are squeezing prices and margins — making careful feed and risk management essential through year-end.
Market analyst and friend of the show, Shawn Hackett, says Brazil’s shifting use of crops for biofuel production is a significant factor.
The Livestock Conservancy joins us in the RFD-TV Studio to discuss how protecting heritage-breed poultry is essential to resilient food systems and the preservation of agricultural traditions.
U.S. Senator Roger Marshall (R-KS) shares his perspective on the U.S.-China trade developments and their potential impact on American producers, farmers, and ranchers.
With core input inflation still hovering high, growers and retailers should plan pricing and promotions with tighter margins in mind — target early sales, leverage bundle deals, and secure logistics ahead of peak Halloween demand.
Prepare for softer milk checks into winter, watch cull-cow values and timing, and stress-test cash flow as product prices recalibrate.
While there has been an increase in outbreaks of Highly Pathogenic Avian Influenza (HPAI) this migration season, the CDC says the public health risk is low.
Cattle markets are collapsing this week, and analysts say that several factors are at play. Consumer beef prices also remain near all-time highs, threatening long-term demand.
The idea of buying more beef from Argentina does not sit well with much of farm country, raising some questions from analysts and producers.

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:

USDA’s steady yields and heavy global stocks keep grains range-bound unless demand firms or South American weather becomes a real threat.
As economic pressures continue to squeeze agriculture, ag lenders are signaling a more cautious outlook for farm profitability heading into next year, particularly among grain producers facing lower commodity prices and higher operating costs.
China’s cost advantage with Brazilian soybeans and vague public messaging leave U.S. export prospects uncertain heading into winter.
Expanded aerial capacity strengthens the U.S.–Mexico buffer against screwworm, providing cattle producers with stronger protection heading into winter and reducing risk to herds along the southern tier.
With the U.S.–Vietnam agreement nearing signature, U.S. cotton, corn, and soybean exporters could lock in new demand lanes just as global supply shifts.
Enforceable origin labels could create clearer premiums for U.S. cattle and address concerns some producers have had with competition from foreign imported beef.
Agriculture Shows
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.
Champions of Rural America is a half-hour dive into the legislative priorities for Rural America. Join us as we interview members of the Congressional Western Caucus to learn about efforts in Washington to preserve agriculture and tackles the most important topics in the ag industry on Champions of Rural America!
Featuring members of Congress, federal and state officials, ag and food leaders, farmers, and roundtable panelists for debates and discussions.
The goal of “Where the Food Comes From” is as simple as its name implies — host Chip Carter takes you along on the journey of where our food comes from — and we don’t just mean to the supermarket (though that’s part of the big picture!). But beyond where it comes from, how it gets there, and all the links in the chain that make that happen.
Join markets specialist Scott Shellady, better known as the Cow Guy, as he covers the market-close, breaking down headlines that drive the commodities and equities markets with commentary from respected industry heavyweights.