Interesting article about a hot topic of late! LOL
https://www.cnet.com/home/kitchen-a...51733a019c2bce084a1ef0ee6ddcc88f9938e4db85731
https://www.cnet.com/home/kitchen-a...51733a019c2bce084a1ef0ee6ddcc88f9938e4db85731
Bulk has always been cheaper. One observation on foods is that we can’t really get consumers to buy more calories per capita. As a tool to increase profits innovation as cool whip has been done, reducing the home labor ie providing a service is done, and reducing the package to a single serving. , , , The last product I worked on was designed to sell for $2.99, my cost for caloric content calculated out at $0.29,the rest is packaging, marketing cost, profit, store markup, warehouse distribution costs etcInteresting article about a hot topic of late! LOL
https://www.cnet.com/home/kitchen-a...51733a019c2bce084a1ef0ee6ddcc88f9938e4db85731
Wow! I have to say that "Stop and Shop" is a ripoff and a half. Their pricing, assuming what is shown is accurate, are ridiculously high and I can beat every one at my local super market in spades.Interesting article about a hot topic of late! LOL
https://www.cnet.com/home/kitchen-a...51733a019c2bce084a1ef0ee6ddcc88f9938e4db85731
I don't use certain words in public, so I am unable to express my true opinion.Speaking of grocery prices, what do those of you who use olive oil think of the currently pricing?
Speaking of grocery prices, what do those of you who use olive oil think of the currently pricing? I wish I had invested in Italian olive oil instead of some of my stocks. We use both EVOO and OO in all of our cooking, salads, and other Italian dishes. The EVOO we use is the Costco 1.5 Liter Italian Extra Virgin and not long ago (a year or two) it cost less than $10. It is now $22. I have heard people refer to Olive Oil as "liquid gold" and now I see why.
Record drought conditions all through the growing region for the last couple of years......... Supply (down) Demand (up)
https://joint-research-centre.ec.eu...e-critical-impact-mediterranean-2024-02-20_en
We have a dozen olive trees in our yard - five of which are 75+ years old according to the local olive tree expert - and the others we planted a couple years ago… we harvest the olives typically in December and take them to a local mill for processing.
One thing that is interesting is that olive trees alternate big crop year followed by little crop year. So 2023 was a massive year for us with 1400 pounds and 2024 was 1100 pounds. I was surprised that everyone seems to be in the same cycle. The mill was running multiple shifts - 20 hours a day to allow for some cleaning and maintenance in 2023 - and had only two producers coming in the week we picked in 2024.
So Costco’s suppliers may be running into some of the same up and down year problems.
One of our mature trees… zoom to see olives.
View attachment 119422View attachment 119423
One of three bins we took to the mill this year. Easier to handle part way full.
Final product - the mill gives you one clear bottle so you can check clarity, color etc. the rest gets bottled in dark green glass.
View attachment 119424