3 ms·
What is the profit margin on lettuce? How much can you make in a year per square foot? I assume N rounds of crops grow per year, but is N=3 or is N=40?
by fred_is_fred 2y ago
What is the profit margin on lettuce? How much can you make in a year per square foot? I assume N rounds of crops grow per year, but is N=3 or is N=40?
- ipaddr 2y agoThe profit margin on lettuce is 40%. 60% of the costs are labor related so it can work but Bowery took on too much debt. The capital requirements up front make it undesirable but once operational it can be cheaper for a variety of reasons like no labor/low transportation costs/less spoilage/premium for pesticide free.
- fred_is_fred 2y ago60% labor costs with all their claimed automation seems high.
- ipaddr 2y ago60% are traditional farming costs
- pvaldes 2y agoN can be like 10 or a little less. There is no point in culturing lettuce indoors because is a product too cheap that is up to 96% water. Counterintuitively, 1 L of mineral water can cost more than 1 Kg of lettuce, so the winning move would be using the energy to purify the water, and then just to sell mineral water bottles. Lettuce as many other vegetables is just a form of water that requires you to wash it, before drinking. Indoor farming is for fungus, not for vegetables. Vegetables have too much enemies and without predators (or a strict, strict, blockage to keep all parasites out) is too unstable. And if you work for big supermarkets you will need to fight for each cent, or the margin benefit will be progressively reduced until they own you.