Producer → Consumer (e.g., Farm stalls, Farmers' markets). High profit for farmers, low convenience.
To improve profitability, farmers should use effective strategies:
: Occurs when the market price is above equilibrium (supply exceeds demand). 4. Factors Influencing Supply and Demand agricultural marketing notes grade 12 best
Creating a unique identity for products to boost recognition and loyalty.
High supply + low demand = Low prices. Low supply + high demand = High prices. Producer → Consumer (e
: Historically involving marketing boards, this system uses government regulations to stabilize prices and supply. 5. Key Legislation and Acts Familiarity with the legal framework is vital for the exam:
Managing risks like price fluctuations, spoilage, or theft. Producer → Consumer (e.g.
Setting quality benchmarks (size, colour, moisture, purity).