D-market-agent Dictionary
Market agent
A licensed seller who sells a farmer's produce on a fresh-produce market for a commission
- Plain meaning
- A licensed seller who sells a farmer's produce on a fresh-produce market for a commission
- How to use it
- When selling through a fresh-produce market, choose an agent with a good sales record for the crop and check how and when they pay. The agent's commission is a selling cost in the budget.
- South African benchmark
- South Africa's national fresh-produce markets, led by Johannesburg, sell through licensed agents.
- Country notes
- Formal market-agent systems are smaller in the four local markets, where much produce moves through wholesalers and informal traders.
- Go and read
- C4 Lesson 4.1
- Calculate it
- T-C-05 Delivered Cost Calculator
- Library sources
- LIB-A047
- See also
- Commission, Consignment, Farm-gate price
Introduced in C4 Getting to the Buyer.