farmgate
adjEtymology From farm + gate.
1
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).
- It is important to note that the farmgate price can be quoted either in terms of seed cotton or lint.1995, Fred E. M. Gillham, Cotton production prospects for the next decade: Volumes 23-287, page 195:
- From a farmgate price of nearly 150 pounds sterling in 1955-57, the Cocoa Board steadily reduced the price[…]1999, William Ascher, Why governments waste natural resources, page 228:
1 more example
- 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.2024 March 2, Susannah Savage, “Why the cost of chocolate will keep rising”, in FT Weekend, London: The Financial Times Ltd., →ISSN, →OCLC, page 7: