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
A booming butterfat market is good for some dairy products but threatens efficiency and margins for cheesemakers unless protein levels catch up
Land values are increasing faster than farm income, making it more challenging for young and beginning farmers to expand, but supporting equity for current landowners.
Smaller flocks and lower lay rates are pressuring table egg supplies, even as hatchery activity edges higher.
Smaller slaughter numbers across beef and pork signal tighter supplies into late 2025, while record-low veal production highlights ongoing structural changes in the sector.
Lower inventories and cautious farrowing plans suggest tighter hog supplies into 2026, keeping producer margins sensitive to demand trends and health risks.
A new study by the National Grains and Feeds Association found that their industry generates $401.7 billion in economic output and supports over 1.16 million jobs nationwide.
Herd rebuilding looks slow, keeping cattle prices supported; beef-on-dairy crosses help fill feedlots, while imports temper—but don’t erase—tightness.
Farmers may benefit from higher turkey prices this holiday season, but risks from HPAI and limited poult placements could further strain the supply.

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:

Farmers who rely on H-2A workers will see a few key changes to speed up the process and make it fairer. On the ground, producers say labor issues create shortfalls in otherwise productive harvests.
Industry leaders representing more than 40 nations gathered to discuss the future of ethanol and other corn-based products.
Farmers display a unique optimism — planting with the expectation that weather, basis, and prices will improve by harvest — asserting that the profession is an identity, not just a job.
Imported lean beef continues to play a critical role in U.S. hamburger and ground-beef production, with any added volume from Argentina serving as a supplement — not a market overhaul.
A fast-moving series of trade signals from the White House and key partners is resetting the near-term outlook for U.S. agriculture.
Stay alert for trade announcements—especially border reopening timelines, tariff threats, and developments in Brazil’s export flows.
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.