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The farm gate value of a cultivated product in agriculture and aquaculture [1] is the market value of a product minus the selling costs (transport costs, marketing costs). [ 2 ] The market value is not the same as the price farmers get for their product, as (if an auction is used), the value they get per weight may be well below the market price.
The National Farmers Organization (NFO) is a producer movement founded in the United States in 1955, by farmers, especially younger farmers with mortgages, frustrated by too often receiving crop and produce prices that produced a living that paid less than the minimum wage, and could not even cover the cost of seed, fertilizer, land, etc. This ...
These purchase prices are set high enough to enable dairy processors to pay farmers at least the support price for the milk they use in manufacturing these products. The 2002 farm bill (P.L. 107-171, Sec. 1501) mandated a support price of $9.90/ cwt , effective through December 31, 2007, when the program by law was scheduled to expire.
"Pasteurized milk offers the same nutritional benefits without the risks of raw milk consumption. Since the early 1900s, pasteurization has greatly reduced milk-borne illnesses."
Farmgate sales are most common in the form of either retail outlets in a farm shop, roadside farm stands, or at stands run by farmers at farmers' markets or food fairs. . However, other distribution channels are also used, such as door-to-door sales and distance selling–so-called "box schemes"—where farmers take orders by telephone, mail order, or via the inte
The dairy industry in the United States includes the farms, cooperatives, and companies that produce milk, cheese and related products such as milking machines, and distribute them to the consumer. By 1925, the United States had 1.5-2 million dairy cows, each producing an average of 4200 lb of milk per year.
Supply management attempts to manage production so that supply is in balance with demand, and the farm gate price enables farmers to cover their costs of production, including a return on labour and capital. [8] Each farm owns a number of shares in the market (quota), and is required to increase or decrease production according to consumer demand.
Three suspects accused of breaking into South African President Cyril Ramaphosa's game farm in 2020 and stealing millions of foreign currency in cash will appear in court on Monday, after an ...