November 14, 2023
Contact: Christina Dexter, (816)738-5402
[email protected]

Farmers Union Releases 2023 Farmer’s Share of Thanksgiving Food Dollar

NEVADA – Yesterday, National Farmers Union (NFU) released the updated Farmer’s Share of the food dollar for items typically served during the Thanksgiving holiday. These figures reflect how much family farmers earn compared to the amount consumers pay at the grocery store. 

As consumers empty their carts onto the checkout lines at their local grocery stores and supermarkets this year, they’re likely to see increased costs for certain goods. To make matters worse, little of that increase is being passed on to America’s family farmers and ranchers. Multiple waves of mergers and acquisitions during the last several decades have resulted in agriculture and food supply chains that are uncompetitive and fragile, but also underpay farmers. 

“We are grateful for the farmers and food system workers of Iowa that provide delicious and safe food for all of us,” said Aaron Lehman, Iowa Farmers Union President and a farmer from central Iowa.  “During this festive season, let’s rededicate ourselves toward a system that provides a good income for farmers, enhances our natural resources, and eliminates all food insecurity.  One of the best ways to do that is to buy directly from your local farmer for your holiday meals.”

Turkey and stuffing, the centerpieces of many Thanksgiving tables, have the lowest farmer’s share of the food dollar of the group with just $0.03 and $0.02 of each dollar spent at retail making it back to growers. Included in the 2023 Thanksgiving Farmer’s Share numbers are:

NFU’s Fairness for Farmers campaign is working to solve the monopoly crisis in food and agriculture. Through stronger antitrust enforcement and greater transparency, we can increase the farmer’s share of the food dollar and bring fairness for farmers and consumers alike.

Data for this publication was sourced from USDA NASS, and other industry sources. Click here for more information on the Farmer’s Share and to sign up for monthly updates.

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About Iowa Farmers Union: Iowa Farmers Union is a grassroots membership organization of family farmers and ranchers, advocates, and consumers committed to promoting family agriculture in Iowa. Since 1915, Iowa Farmers Union members have worked together to strengthen the independent family farm through education, legislation, and cooperation and to provide Iowans with sustainable production, safe food, a clean environment, and healthy communities.