Farm-gate price is usually obtained through

Assessment: WAEC SSCE - Agricultural Science - 1995 (Objective) Subject: Agricultural Science

Question 1 Report

Farm-gate price is usually obtained through
Answer Details
Farm-gate price is usually obtained through the producer. The term "farm-gate price" refers to the price that a farmer receives for their produce at the farm gate, before any additional costs such as transportation, storage, and marketing are added. This price is negotiated directly between the farmer and the buyer, which could be a middleman, commodity board, co-operative, or wholesaler. However, in general, the producer is the one who sets the initial farm-gate price.
Read lesson note on Marketing Of Agricultural Produce (JAMB)
Read lesson note on Agricultural Finance (WAEC)
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