Farmgate
Definition, Meaning & Examples
Part of speech adjective
Quick meaning: Farmgate is an adjective meaning 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).
Meaning
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).
Example Sentences
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.
Related Words
Related dictionary entries include trade, white-label, extramarginal, cut-price, fairtrade, competitive.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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