Consumers are paying more on their grocery bills this Thanksgiving holiday, but most of that increase hasn’t been passed on to America’s family farmers and ranchers, says the National Farmers Union. Chairman Rob Larrieu said.
“Corporate profits and consumer food costs continue to rise, but farmers’ share of food costs remains low,” said Larew after the NFU released this year’s Farmer’s Share cost tracking. .
The study released the consumer cost of six Thanksgiving groceries and their share of the producer’s profit from the sale.
- Turkey: Retail Price – $1.99/lb. Farmer’s Share, $0.06/lb.
- Sweet Corn, 16 oz Frozen: Retail Price – $2.59. Farmer’s Share, $0.44
- stuffing, 12 oz. Box: Retail Price – $3.59. Farmer’s Share, $0.13.
- Boneless Ham, 2 lbs: Retail Price – $12.98. Farmer’s Share, $1.00.
- Mashed Potatoes, 5 lb. Bag: Retail Price – $5.99. Farmer’s Share, $1.30.
- apple pie filling, 21 oz. Cans: Retail Price – $4.99. Farmer’s Share, $1.03 per pound.
“Thanksgiving is a time of family and community, often centered around food, but that meal is becoming increasingly difficult to come by thanks to the high prices of corporate monopolies in the food system. “The NFU will continue to push for policies that oppose harmful anticompetitive practices and bring fairness to both farmers and consumers.”
Mr Larew said multiple waves of mergers and acquisitions over the past few decades have not only left agriculture and food supply chains uncompetitive and vulnerable, but have also led to low wages for farmers. increase.
Farmer’s Share data is based on USDA, NASS “Agricultural Prices.” Retail pricing is based on Washington, DC-based Safeway locations.