National Farmers Union President Rob Larew says the farmers’ share of the Thanksgiving food dollar continues to stay low.
“Corporate profits and consumer food costs continue to go up and up, but the farmers’ share of the food dollar is still low,” Larew says. “Thanksgiving is a time of family and community, but thanks to price gouging by corporate monopolies in the food system, the holiday meal is getting increasingly difficult to afford.”
The NFU says the retail price of turkey averages $1.99 a pound, and the farmers’ share is six cents per pound. Two pounds of boneless ham retails for $12.98, with the farmers’ share at one dollar. Even though consumers are paying more for food this year, almost none of that increase is getting passed on to America’s family farmers and ranchers.
Mega-consolidation in the food sector has made supply chains uncompetitive and resulted in farmers being underpaid.