The share of your Thanksgiving meal dollar that goes toward farmers is less than 20 cents. This news release from the National Farmers Union (NFU) says that’s just a little more than the usual farmers share of nearly 16 cents of of every dollar spent on retail food items throughout the rest of the year.
“Farmers and ranchers today are receiving only 15.8 cents for every dollar spent on retail food items,” said NFU President Roger Johnson. “Thanksgiving is the perfect time to raise awareness of this fact and give thanks to farmers for what they do every day to put food on your dinner table.”
Johnson noted that the 15 food items of the Thanksgiving Farmers Share averaged just 19.4 cents out of every food dollar for the American farmer. “It’s easy to forget the true value of our farmers and ranchers, who in some cases are only making pennies to the dollar on the goods we buy at our local supermarket,” he said.
Among some of the more startling statistics in the Thanksgiving Farmers Share:
Wheat farmers receive just 7 cents from the $3.39 consumers spend on a 15-ounce box of stuffing.
Turkey farmers net just over half (93 cents) of the retail value for a pound of turkey ($1.78).
Pumpkin farmers receive 25 cents, a mere 6.4 percent, of the $3.89 spent for canned pumpkin pie mix.
The numbers are based on U.S. Department of Agriculture statistics.