Cheap recipe points to fruit (7)
I believe the answer is:
peaches
'to fruit' is the definition.
(peach is a type of fruit)
'cheap recipe points' is the wordplay.
'recipe' indicates an anagram.
'points' becomes 'es' (two compass points).
'cheap' with letters rearranged gives 'peach'.
'peach'+'es'='PEACHES'
(Other definitions for peaches that I've seen before include "Juicy fruits" , "Producing fine specimens" , "Make a speech about the fruit" , "A speech (anag)" .)