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twox2 | 3 years ago

Yields increased by 10x for costs increased by 10x sounds cheaper to me.

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shagie|3 years ago

https://agfundernews.com/the-economics-of-local-vertical-and...

For greens, an conventional farm is $0.65/lb and a greenhouse is $2.33/lb.

> Assuming a 40-45% gross margin for a typical supermarket produce department, retail prices for greens would need to be approximately $1 a pound for conventional, $4 a pound for greenhouse, $5 a pound for vertical, and $12 a pound for container-grown. A typical head of bibb or butter lettuce weighs less than half a pound. Therefore, the lettuce can be grown in a greenhouse or vertical farm and sold at retail for $2 to $3 per head.

> Although greenhouse or vertical farming is three to five times more expensive than growing on a conventional outdoor farm, it still allows for competitive pricing to the consumer with other vegetables and sides.

The yield can go up, but the cost per unit goes up too.

onlyrealcuzzo|3 years ago

What are the biggest factors that contribute to the cost? Is it mostly increased labor?

dtech|3 years ago

I assume the 10x cost increase was per-yield, 100x the yield for 1000x the price.

forrestthewoods|3 years ago

Ahh that makes sense. The original language was pretty confusing.

Increase yields 100x per sqft Increase costs 10x per lb

jonny_eh|3 years ago

People can only eat so much food, and it can only be sold for so little.