What is the difference between farm-gate, wholesale and export prices?
A farm-gate price is what the producer receives at the farm; a wholesale price is paid on a wholesale market or between traders; an export price is the value of goods leaving a country, usually reported free on board (FOB).
Each stage adds costs such as collection, sorting, packing, storage, transport and the margins of the businesses involved, so prices usually rise from the farm to the wholesale market and to the shop.
Export prices in trade statistics are averages: the reported value divided by the quantity. They mix varieties and grades and include only goods that cross a border.
On Husfarm, market quotes are wholesale or exchange prices; export values come from FAOSTAT trade data on the production pages.
Production and trade statistics · Farm input prices
Other questions
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- What does a wholesale price quote mean?
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- How should I read FAOSTAT production data?
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- How can farmers use wholesale prices?