No.... say the people in the business of growing fruit in today's market. Their margins are very thin.
And while it's all very nice that you were in the business 40 years ago, you need to understand that the market has changed very significantly since then, especially with the introduction of large quantities of imported fruit. Perhaps you need to update your knowledge in order to understand current market conditions.
I said a buck and half a pound for apples & peaches... if they're only paying ten bucks an hour for pickers then the only people who are getting "hammered" is the public!
The prices paid to growers have little relation to what you're paying at the produce aisle. If you really want the details, there's an excellent discussion here. The relevant figure is that the growers receive only about 14-17% of the retail price.
"Perhaps you need to update your knowledge in order to understand current market conditions"
you must be talking to yourself. LMAO
My best friend for over 40 years OWNS A WHOLESALE PRODUCE BUSINESS.
You obviously have never purchased fruit & vegetables from a farmer's market.
Anyone who is paying pickers ten bucks an hour TODAY and still can't make a verrrry nice profit needs to get out of farming.
"The relevant figure is that the growers receive only about 14-17% of the retail price."
Well according to Bill O'Reilly and some FReepers,
the oil companies are gouging making 10%!
So accepting your figures(which I don't), O'Reilly should be up in arms!