On Thanksgiving Day, the national average for gas is projected to be $3.68 per gallon – about 20 cents higher than last year’s Thanksgiving, according to a recent report by GasBuddy.
“It has been a dizzying year at the pump, with motorists likely feeling nauseous not from the eggnog, but from the roller coaster ride at the pump with record gasoline prices earlier this year, which have fallen significantly since mid-summer,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
“Americans, however, are proving that while we’ll openly complain about high gas prices, most of us aren’t deterred from taking to the highways to observe Thanksgiving with those that matter most to us, especially as precautions from the pandemic have eased.”
Travelers can expect Wednesday afternoon between 11 a.m. and 2 p.m.to be the busiest on the nation’s highways, and on Friday between 8a.m.and 11a.m.Twenty-three percent of respondents to GasBuddy’s Thanksgiving survey say they’ll spend one to three hours in the car, compared to 2021, when most indicated they’d travel less than an hour away. While 21% say high fuel prices are impacting their travel, surprisingly fewer are citing high gas prices this year (46% vs. 51% in 2021) for impacting their travel plans.Seventy-three percent of Americans traveling won’t be crossing state lines to do so.
National Farmers Union (NFU) released the 2022 Farmer’s Share of the food dollar for several items typically served for the Thanksgiving holiday.
“Corporate profits and consumer food costs continue to go up and up, but the share of the farmer’s share of the food dollar remains low,” said NFU President Rob Larew. “Thanksgiving is a time of family and community, often centered around food, but thanks to price gouging by corporate monopolies in the food system, that meal is getting increasingly difficult to afford. NFU will continue to push back against harmful anti-competitive practices and for policies that bring fairness to farmers and consumers alike.”
Even though consumers are paying more for food this year, almost none 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 resulted in agriculture and food supply chains that are not only uncompetitive and fragile but also underpay farmers.
Included in the 2022 Thanksgiving Farmer’s Share numbers are:
- Turkey: Retail Price – $1.99/pound, Farmer’s Share – $0.06/pound
- Sweet Corn, 16oz frozen: Retail Price – $2.59, Farmer’s Share – $0.44
- Stuffing, 12oz box: Retail Price – $3.59, Farmer’s Share – $0.13
- Boneless Ham, 2lb: Retail Price – $12.98, Farmer’s Share – $1.00
- Mashed Potatoes, 5lb bag: Retail Price – $5.99, Farmer’s Share – $1.30
- Apple Pie Filling, 21oz can: Retail Price – $4.99, Farmer’s Share – $1.03
Farmer’s Share data is derived from USDA, NASS “Agricultural Prices”. Retail prices based on Washington, D.C. based Safeway locations.
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