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Latest comment: 7 years ago1 comment1 person in discussion
The previous version of the definition said that "the farm gate value ... is the market value of a product multiplied with the weight of the product minus the selling costs". This reference to the "weight of the product" is unnecessary and confusing: the source examples only do this multiplication with the weight because they are starting from the market price per unit weight; therefore, multiplication by weight of product is necessary to find the actual value of the specific item. For the definition of "farm gate value", saying just "market value" is sufficient. Therefore, I'm removing the phrase "multiplied with the weight of the product".