Meaning of farmgate | Babel Free

Definitions

Describing the price of goods if they were purchased directly from a farm, without markup added by retailers; or this point in time, with regard to processes taking place earlier (such as fertilization) or later (such as packing and freezing).

not-comparable

Examples

“It is important to note that the farmgate price can be quoted either in terms of seed cotton or lint.”

“From a farmgate price of nearly 150 pounds sterling in 1955-57, the Cocoa Board steadily reduced the price[…]”

“The model has to be shaken up, says Douglas Lamont, chief executive of Tony's Chocolonely, a sustainable chocolate brand that pays farmers a living income premium on top of the farmgate price.”

CEFR level