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Economics

Central Washington University

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Pricing Discrepancies In The Washington State Cherry Market, Foster L. Peebles Jan 2016

Pricing Discrepancies In The Washington State Cherry Market, Foster L. Peebles

Undergraduate Honors Theses

This research is focused on finding a pricing model for Washington State cherries. Each year a significant number of cherries are not sold, or are sold at a price close to or under cost, due to issues with program cherry purchases and pricing models. This research looks at two specific markets: the program fruit business and the wholesale markets. The program fruit business is comprised of companies such as Kroger, Wal-Mart, Costco, and others that “pre-purchase” their fruit at a specific price for delivery at a later date, much like a futures market for other commodities. The wholesale market, also ...