I don't understand why nuts are so expensive. They sell for almost 10x their wholesale price.
They wholesale for ~$1.70 per pound. Peanuts wholesale for ~$0.25 per pound.
Yet walnuts sell for like ~$12 per pound and peanuts sell for ~$3 per pound.
Most foods that have sell for 10x wholesale price are delicate AND perishable, so a ton of that food goes to waste. Also, grocers reject a lot because of looks.
None of this is true with nuts.
So why do they retail for 10x wholesale price? I know technically, it's closer to 5x - since they usually retail blanched and the shell is half the weight. Still...
They wholesale for ~$1.70 per pound. Peanuts wholesale for ~$0.25 per pound.
Yet walnuts sell for like ~$12 per pound and peanuts sell for ~$3 per pound.
Most foods that have sell for 10x wholesale price are delicate AND perishable, so a ton of that food goes to waste. Also, grocers reject a lot because of looks.
None of this is true with nuts.
So why do they retail for 10x wholesale price? I know technically, it's closer to 5x - since they usually retail blanched and the shell is half the weight. Still...