Supermarket produce executives might want to check their enthusiasm for closing the price gap between conventional and organic produce. A study appearing in the journal Agribusiness found that organic apples from Washington state only earned a 7.4% profit margin at retail, compared to 75.3% for the conventional ones. Don't expect sympathy from the growers who were studied. They reported having more market pull and higher profit margins than their nonorganic competition. Researchers also ...
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