farmgate
Appearance
English
[edit]Etymology
[edit]Adjective
[edit]farmgate (not comparable)
- 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).
- 1995, Fred E. M. Gillham, Cotton production prospects for the next decade: Volumes 23-287, page 195:
- It is important to note that the farmgate price can be quoted either in terms of seed cotton or lint.
- 1999, William Ascher, Why governments waste natural resources, page 228:
- From a farmgate price of nearly 150 pounds sterling in 1955-57, the Cocoa Board steadily reduced the price […]
- 2024 March 2, Susannah Savage, “Why the cost of chocolate will keep rising”, in FT Weekend, page 7:
- 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.
Usage notes
[edit]- Often as pre- or post-farmgate, indicating prices or processes before or after this point.