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
Butter has softened as milkfat supplies remain ample.
Drought and Planting Shape Weekly Crop Condition Recap
Jake Charleston with Specialty Risk Insurance says recent futures market moves are leaving cattle producers unsure about price trends.
Drought remains a major risk, with the ERS reporting that 98 percent of the U.S. cotton production area was affected by drought in early May.

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:

Farm Bureau Economist Dr. Faith Parum joins us to break down what year-round E15 passage could mean for agriculture, energy markets, and the future of renewable fuels in the United States.
A tax preparer can help identify penalty and interest charges and determine whether Form 843 should be filed.
Thailand will not replace major corn buyers overnight, but renewed access could create another outlet for U.S. corn demand.
Kentucky Farm Bureau President Eddie Melton joins us to discuss fertilizer affordability concerns, Senate Agriculture Committee testimony, and spring planting conditions in Kentucky.
Agri Stats would no longer be allowed to show participant lists, rankings, or “flags,” and it could only report individual company data in narrow situations.
Farmdoc economist estimates 2024 colony stock losses at roughly $175 million, with rebuilding and renovation costs near $161 million.
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.