Producer price

PRODUCER PRICE

by IFPRI | November 16, 2022
A producer price is the average price or unit value received by farmers in the domestic market for a specific agricultural commodity produced within a specified 12-month period. This price is measured at the farm gate — that is, at the point where the commodity leaves the farm — and therefore does not incorporate the costs of transport and processing.

Source:
Agricultural Policies in OECD Countries: Monitoring and Evaluation 2000: Glossary of Agricultural Policy Terms, OECD