https://www.ers.usda.gov/webdocs/charts/58353/food-prices_fig03.png?v=9704.5
This chart is from the US Department of Agriculture’s latest report on changes in US food spending.
Pretty wild to see all the middlemen involved in bringing food from a farm to your table, and even more wild that farmer’s are only earning 7.9% of the money consumers spend on food.
Here in California sadly probably a huge % to cover theft lol
State Capitalism
I know grocery stores have razor thin margins.
I assume agriculture is a tough industry
yeah it’s an interesting perspective to compare with the software world.
losing 3% to Stripe, or even 30% to Apple doesn’t look so bad anymore.