Guide
Why does Husfarm use the median price?
The median is the middle value of all quotes. Unlike an average, it is not pulled up or down by one unusual market, a missing quote or a sudden currency move.
Half of the quotes are above the median and half below. Husfarm often shows the middle half of quotes too, which gives a sense of how widely prices vary.
Every quote counts once. A market that quotes several grades or origins enters with each of them.
Husfarm price indices · Methodology
Other questions
- What is a wholesale market?
- What is the difference between wholesale and retail prices?
- What does a wholesale price quote mean?
- How does Husfarm convert prices to euros per kilogram?
- Why do prices of the same product differ between markets?
- What affects fruit and vegetable prices?
- What do grades and classes mean in produce prices?
- What is the difference between farm-gate, wholesale and export prices?
- How often do markets publish prices?
- How should I read FAOSTAT production data?
- Why do world exports and imports not match?
- How can farmers use wholesale prices?