Farmgate

Farmgate refers to the price at which producers or farmers sell their products directly to buyers, such as traders, wholesalers, or collectors, before they reach the retail market. It represents the initial price point in the supply chain, often reflecting the costs of production and the local demand. Understanding farmgate prices helps in assessing farmers’ earnings and the overall market dynamics. It is an important indicator for policymakers and stakeholders to evaluate supply chain efficiency, price fluctuations, and the economic well-being of agricultural communities.